Join 📚 Hadar's Highlights
A batch of the best highlights from what Hadar's read, .
Below are a few that subsequently worked well for me. Note that I don’t need to satisfy all of them, but I do want to satisfy most of them: If it has a single founder, the founder must be technical. Two technical co-founders are ideal. I must be eager to use the product myself. This rules out many great companies, but I want a verified market I understand. Related to the previous point: consumer-facing product/service (e.g., Uber, Twitter, Facebook, etc.) or small-business focused product/service (e.g., Shopify), not big enterprise software. These are companies whose valuations I can directly impact through my platform, promotion to my audience, introductions to journalists, etc. More than 100K active users OR serial founder(s) with past exits OR more than 10K paying customers. Whenever possible, I want to pour gasoline on the fire, not start the fire. More than 10% month-on-month activity growth. Clean “cap table,” minimal previous financing (or none), no bridge rounds. U.S.–based companies or companies willing to create U.S.–based investable entities. Shopify started in Canada, for instance. Have the founders ever had crappy service jobs, like waiting tables or bussing at restaurants? If so, they tend to stay grounded for longer. Less entitlement and megalomania usually means better decisions and better drinking company, as this stuff normally takes quite a few years.
Tools of Titans
Timothy Ferriss
Monkeys on a Spinning Rock On why Naval no longer has a quest for immortality: “If you study even the smallest bit of science, you will realize that, for all practical purposes, we are nothing. We’re basically monkeys on a small rock orbiting a small, backwards star in a huge galaxy, which is in an absolutely staggeringly gigantic universe, which itself may be part of a gigantic multiverse. “This universe has been around for probably 10 billion years or more, and will be around for tens of billion years afterwards. So your existence, my existence, is just infinitesimal. It is like a firefly blinking once in the night. Nothing that we do lasts. Eventually you will fade, your works will fade, your children will fade, your thoughts will fade, this planet will fade, the sun will fade . . . it will all be gone. “There are entire civilizations that we remember now with just one or two words like ‘Sumerian’ or ‘Mayan.’ Do you know any Sumerians or Mayans? Do you hold any of them in high regard or esteem? Have they outlived their natural lifespan somehow? No. “If you don’t believe in an afterlife, then you [should realize] that this is such a short and precious life, it is really important that you don’t spend it being unhappy. There is no excuse for spending most of your life in misery. You’ve only got 70 years out of the 50 billion or however long the universe is going to be around.”
Tools of Titans
Timothy Ferriss
How did Pizarro come to be at Cajamarca? Why didn’t Atahuallpa instead try to conquer Spain? Pizarro came to Cajamarca by means of European maritime technology, which built the ships that took him across the Atlantic from Spain to Panama, and then in the Pacific from Panama to Peru. Lacking such technology, Atahuallpa did not expand overseas out of South America. In addition to the ships themselves, Pizarro’s presence depended on the centralized political organization that enabled Spain to finance, build, staff, and equip the ships. The Inca Empire also had a centralized political organization, but that actually worked to its disadvantage, because Pizarro seized the Inca chain of command intact by capturing Atahuallpa. Since the Inca bureaucracy was so strongly identified with its godlike absolute monarch, it disintegrated after Atahuallpa’s death. Maritime technology coupled with political organization was similarly essential for European expansions to other continents, as well as for expansions of many other peoples. A related factor bringing Spaniards to Peru was the existence of writing. Spain possessed it, while the Inca Empire did not. Information could be spread far more widely, more accurately, and in more detail by writing than it could be transmitted by mouth. That information, coming back to Spain from Columbus’s voyages and from Cortés’s conquest of Mexico, sent Spaniards pouring into the New World. Letters and pamphlets supplied both the motivation and the necessary detailed sailing directions. The first published report of Pizarro’s exploits, by his companion Captain Cristóbal de Mena, was printed in Seville in April 1534, a mere nine months after Atahuallpa’s execution. It became a best-seller, was rapidly translated into other European languages, and sent a further stream of Spanish colonists to tighten Pizarro’s grip on Peru.
Guns, Germs, and Steel
Jared Diamond
...catch up on these, and many more highlights
Readwise