Join 📚 Edwin's Highlights
A batch of the best highlights from what Edwin's read, .
Why is this structurally innovative?It's probably fairly intuitive that most SaaS platforms will ship better software than most banks, but banks can (and do) publish some pretty amazing software. It is just far more incentive compatible for a platform to do it than for a bank to.
Changing How Main Street Businesses Bank
bitsaboutmoney.com
Most of all, profits mean you don’t need to sell, which gives you the ability to walk away from a deal. You have little negotiating power in any deal unless you can happily walk away.On the other hand, I knew I would only be happy building a genuine, great company, where the product solves a real pain, where customers are given white-glove service, where “tech support” is the only sales force, where we leave the world a little better than we found it, and where every employee is smart and gets things done and is trusted with any decision.
Rich vs. King in the Real World: Why I Sold My Company
longform.asmartbear.com
Howie’s business experience had ripened; he now served on two boards. Savvy about money, he had kept his CCE stock and had invested in Berkshire Hathaway stock. This latter gesture bonded him to his father as nothing else could. Warren observed how much his son had settled down and matured in the past ten years. Howie, a “marshmallow” emotionally who had yearned for a warm connection to his father all his life, now saw an opportunity to have a different sort of relationship with him. He and Devon bought a house in Omaha so they could be nearby.
The Snowball
Alice Schroeder
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