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A batch of the best highlights from what Louis's read, .
As it is the power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or, in other words, by the extent of the market.
An Inquiry Into the Nature and Causes of the Wealth of Nations
Adam Smith
If you do not undertake a risk of real harm, reparable or even potentially irreparable, from an adventure, it is not an adventure.
Skin_In_The_Game
louis.beaumont@gmail.com
While top-line bookings growth is super important, investors want to understand how profitable that revenue stream is. Gross profit provides that measure.
What’s included in gross profit may vary by company, but in general all costs associated with the manufacturing, delivery, and support of a product/service should be included.
16 Startup Metrics | Andreessen Horowitz
a16z.com
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