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As Randolph would later recount in his memoir, That Will Never Work, a methodology quickly took root at Netflix that was highly empirical. Before they made any decision about design, or strategy, or inventory, the Netflix founders would first run a series of tests on their website. Then they would collect the resulting data and pore over the evidence, looking for patterns in how people had reacted.
It's Not TV
Felix Gillette and John Koblin
We make the extra effort of defining, dividing and sizing technical projects and use Linear to communicate those with the rest of the team as well as tracking progress within the team. We value rigor, pragmatism and performance in all our technical decisions.
Managers’ fees can turn attractive-sounding strategies into mediocre investments. Suppose a fund can access and manage unusual credit opportunities that yield the investor twelve percent a year at a time when six percent returns are typical. That sounds alluring. But do the math. If the fund charges two plus twenty fees (that is two percent a year on capital and twenty percent on profits), the net return is reduced to eight percent.
The Stoic Capitalist
Robert Rosenkranz
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