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A batch of the best highlights from what Nathan's read, .
The economists wrote: “Our findings suggest that individual investors’ willingness to bear risk depends on personal history.”
The Psychology of Money
Morgan Housel
The current model -- negotiate an options grant before you’ve started working and slowly earn those options as you spend more time at the company -- is a clunky solution that optimizes for lower administrative burden and keeping employees at the company. Worse, employees who leave before an exit often can’t afford to buy shares today and hope for an outcome later, and give up the right to buy their shares, missing out on the upside.
Fairmint & the Democratization of Upside
notboring.substack.com
Media outlets have trouble getting people to pay for their own product—what makes you so sure they’re going to be able to convince their readers and viewers to buy yours?
Perennial Seller
Ryan Holiday
...catch up on these, and many more highlights
Readwise