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A batch of the best highlights from what Edwin's read, .

So if you read this and it all sounds too familiar and you find yourself wondering why your honest employees are lying to you, the answer is they are not. They are lying to themselves.

Lies That Losers Tell | Andreessen Horowitz

a16z.com

A magical business model is one that catapults a startup into the 10x Club, that rare tier where a company is valued at over ten times its revenue. 28 There is a clear set of criteria to determine if a startup should be valued in the 10x Club; I will share those criteria later in the chapter. First, let’s meet a 10x Club startup grappling with a crucial question: should you prioritize growth or profit?

The Experimentation Machine

Jeffrey Bussgang

The bottom line for me is that, although the more efficient markets often misvalue assets, it’s not easy for any one person—working with the same information as everyone else and subject to the same psychological influences—to consistently hold views that are different from the consensus and closer to being correct.

The Most Important Thing Illuminated

Howard Marks, Paul Johnson

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