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A batch of the best highlights from what Hadar's read, .
“In the end, winning is sleeping better.” —Jodie Foster
Tools of Titans
Timothy Ferriss
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
What was once a system for raising money to grow a business is now an arbitrary high-tech system of fluctuating numbers. It is estimated by the World Bank that the global market capitalization (size of all publicly traded companies) is $69 trillion. The derivatives market, however, is an astounding $1.2 quadrillion.
WallStreetBets
Jaime Rogozinski
...catch up on these, and many more highlights
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