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Oct 16, 2023 · Markets. We believe free markets are the most effective way to organize a technological economy. Willing buyer meets willing seller, a price is struck, both sides benefit from the exchange or it doesn’t happen. Profits are the incentive for producing supply that fulfills demand. Prices encode information about supply and demand.
- Tren Griffin
- “Give me a giant market — always.” “Arthur Rock is the representative of: you find a great entrepreneur and you back him. My position has always been: you find a great market and you build multiple companies in that market.”
- “A value hypothesis is an attempt to articulate the key assumption that underlies why a customer is likely to use your product. Identifying a compelling value hypothesis is what I call finding product/market fit.
- “You often stumble into your product/market fit. Serendipity plays a role in finding product/market fit but the process to get to serendipity is incredibly consistent.
- “You can always feel when product/market fit isn’t happening. The customers aren’t quite getting value out of the product, word of mouth isn’t spreading, usage isn’t growing that fast, press reviews are kind of ‘blah’, the sales cycle takes too long, and lots of deals never close.
Oct 13, 2020 · In 2007, the venture capitalist Marc Andreessen argued in a brassy blog post that markets — not personnel, product or pricing — were the only thing a start-up needed to take flight. Teams, he...
- The Lean Startup. How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses. Eric Ries. Source: "[The author] has created a science where previously there was only art.
- The Strange Death of Europe. Immigration, Identity, Islam. Douglas Murray. Source: "One perspective on the politics of immgiration in Europe, playing out in real time, e.g.
- The Rational Optimist. How Prosperity Evolves. Matt Ridley. Source: "Sparkling explanation of how the economy evolves, producing the glorious cornucopia of goods and services available all around us.
- Extreme Ownership. How U.S. Navy SEALs Lead and Win. Jocko Willink. Source: "I hand out more copies of this book than any other. How to take responsibility for yourself and for those around you.
Jan 16, 2020 · Marc Andreessen: Actually, sorry, it’s not the title of the book. It’s called My Life Standing Up is the title, but the main lesson of the book; he says the key to success is “be so good they can’t ignore you.”
May 11, 2015 · “What makes unit economics really scary is if you’re in a competitive market. He’s in a monopoly.” Andreessen said, “We could go to the well, and go in higher.” He beckoned, coaxingly.
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Jun 3, 2016 · Doing Capitalism in the Innovation Economy: Markets, Speculation and the State by Dr William H. Janeway What @pmarca says about it: “With reference to VCs raising money from universities. Read ...
