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Startup investments can be illiquid and locked up for 7 to 10 years. This is why the “fund life” of most venture capital funds is 10 years. That is how long it takes most big successes to reach IPO or get acquired. In other words, you might not know if you’re good or bad at angel investing, right or wrong in your bets, for a LONG time.
Tools of Titans
Timothy Ferriss
Where does that leave us? Throwing out more B2B products without any point-of-view or depth will continue to have diminishing returns for users. One way forward for anyone looking to build B2B software is to take the other side of the product tradeoff. Especially in highly immersive and specialized verticals, there’s still opportunity to increase how useful third-party software scaffolding is. The scaffolding will address a far narrower base of users, but it will be more useful to customers than a generic scaffolding tool.
Mo’ Software, Same Problems
sophdeng.github.io
Or at least, they are malleable up to a point. Montaigne soon changes tack. Whatever you do, he says, you cannot really change inborn disposition. You can guide it or train it, but not get rid of it. In another essay he wrote, “There is no one who, if he listens to himself, does not discover in himself a pattern all his own, a ruling pattern, which struggles against education.”
How to Live
Sarah Bakewell
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