Dubai is building.

That’s the thing about opportunity.
It looks like risk when it’s an opportunity.
And by the time it’s risk free, it’s not an opportunity anymore.

People in 1970 predict what the year 2000 will be like

Very well made argument. Risks of open source are way lower than risks of any one powerful actor owning the most capable model

Amazon is worth nearly $2 trillion.

Jeff Bezos started it in his garage.

He had to string extension cords from each room in his house to get power in the office.

Severely underrated skill: never, ever giving up.

Insane grit is a huge moat.

Being willing to die if it means achieving your goal is the level of motivation that will help you weather any storm coming your way.

One of the most common concerns about AI is the risk that it takes a meaningful portion of jobs that humans currently do, leading to major economic dislocation. Often these headlines come out of economic studies that look at various job functions and estimate the impact that AI…

Jeff Bezos on why you want to be bold:

'We all know that if you swing for the fences, you're going to strike out a lot, but you're also going to hit some home runs.

The difference between baseball and business, however, is that baseball has a truncated outcome distribution.…

Betting on yourself matters...because confidence is constructed.

You create virtuous cycles or destructive ones, by the smallest of actions - your hesitancy, or your willingness to take risks.

Here's how it works - from my chat with Shane Parrish

Construct Confidence.

“Keep going. Never give up.”

~ Sir Anthony Hopkins

In the 1960’s people simply weren’t fat.

They managed to do this without:

-fancy watches to track their health
-juice cleanses
-expensive workout plans
-deliberately avoiding carbs
-keto, vegan, and other cultish diets
-tracking macros

Instead, they had one simple secret…👇

MORE ON SUBSCALE IPOs

New tldr: Don't go public unless you have a path to $1B high margin revenue in ~5 years.

Lots of discussion and feedback re: my earlier post on subscale IPOs. I went back and dug into the data. Important note: the ARR numbers below are not ARR at IPO,…

Instagram revenue was just disclosed for the first time in court filings.

2018: $11.3B
2019: $17.9B
2020: $22.0B
2021: $32.4B

It makes more in ad revenue than YouTube (and likely at much higher gross margins!)

“Never be ashamed of trying. Effortlessness is a myth.”

~ Taylor Swift

Dream so big your fears are afraid to show up.

Ok - let’s have a Robot beat this now.

Two revolutionary companies went public twenty years ago. These are their returns since...

Google: +6,080%
Domino's Pizza: +8,200%

$GOOGL $DPZ

21-year-old Mark Zuckerberg proudly explains the poking feature, 2005

On this day in 1995: the first item was purchased on Amazon.

It was a book about artificial intelligence.

15-year old Mike Tyson cried before the fight