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

Rather than just raising cash as they grow their businesses, the smartest entrepreneurs select venture capitalists who can deliver valuable services. The best venture capitalists have access to the best networks, which further amplifies their value.

Tren Griffin - A Dozen Lessons for Entrepreneurs

2017, Columbia University Press

The logistics and the distribution strategy of our business will be simple. There are only two practical ways to sell our beverage: (1) as syrup to fountains and restaurants and (2) as a complete carbonated-water product in containers. Wanting lollapalooza results, we will naturally do it both ways. And, wanting huge Pavlovian and social-proof effects, we will always spend on advertising and sales promotion, per serving, over forty percent of the fountain price for syrup needed to make the serving.

Poor Charlies's Almanack

Charlie Munger

That’s called consequentialism, by the way, it means that whether an act is right or wrong isn’t determined by whether it looks bad, or mean, or anything like that, the only question is how it will turn out in the end—what are the consequences.

Harry Potter and the Methods of Rationality

Eliezer Yudkowsky

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