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Now it is far from obvious, from a logical point of view, that we are justifed in inferring universal statements from singular ones, no matter how numerous; for any conclusion drawn in this way may always turn out to be false: no matter how many instances of white swans we may have observed, this does not justify the conclusion that all swans are white.

The Logic of Scientific Discovery

Karl Popper

In companies, you have a dictator at the top, a CEO, or the founders. Then all of a sudden it turns back into a butterfly network, and now you report to a board, a bunch of people. And inherently, the founder-dictators tend to be very risk-prone. They have a lot of vision, they have a lot of drive, they know where they want to take the thing. They like to make risky moves and bets and pivots and turns. But boards don’t like that. Boards don’t like to be dragged along. It’s a group of people. It’s groupthink, it’s committee-think. No committee ever built anything great. So related to that, no board ever built anything great. Boards can be helpful; they can be sounding boards. But you do not want the board to be running the company. And the larger the board, the more you’re going to find yourself spending time just keeping them up-to-date and in sync.

Elad Gil - High Growth Handbook

2018, Stripe Press - libgen.lc

But since for most of the world’s history the main route to wealth was to steal it, we tend to be suspicious of rich people.

Hackers & Painters - Big Ideas From the Computer Age

Paul Graham

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