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May 28 2015

glad to write you
Hello. My name is Alena. I am 30 years old. I love my job, because we have a very friendly staff. but, unfortunately, I can not arrange their personal life, but also a lot of work. I would like to try to meet with a man on Internet, as it is now very popular. many of my friends met their love. I am very interested in you, and I would like to know what you closer. I do not want to play games with the
feelings and why I want real relationship. I send you my picture, and I hope that you will answer me. I'll be glad to see your letter. just please be honest with me I'm just telling you that I do not send naked pictures since I raised the girl. to meet ... I hope your future friend Alena.

April 17 2015


March 14 2015

I’ve literally wanted to quit my startups every year I was working on them. Every year for 9 years.

I am Justin Kan, cofounder of Internet startups (, Twitch) and investor at Y Combinator. AMA! : IAmA

Honest. Hard things suck and being part of a founding team isn’t fun (but it can be emotionally rewarding).

March 07 2015


Market Risk

Saying VCs used to take high technical risk and now take high market risk is both an overly optimistic view of the past–the mythical golden age of heroic VCs championing the development of new technologies–and an overly optimistic view of the present–gutsy VCs funding radical innovations that create entirely new markets. Neither of these things is true. VCs have never funded technical risk and they are not now funding market risk45. The VC community is purposely avoiding risk because we think we can make good returns without taking it. The lesson of the 1980s is that no matter how appealing this fantasy is, it’s still a fantasy.

February 25 2015

This is the root of my point that tech industry history is being made. We have 30 years of history focused on a business customer and only 10 years or so of tech industry history selling to pure consumers. And even fewer years of history when we think about how long the tech industry has been able to sell a PC in the shape of a smartphone to almost every person on the planet. As we add as many brand new internet users over the next five years as we did in the past 30, we may very well realize none of the lessons learned in the past 30 years apply any longer.

Antiquated Thinking About The Tech Industry | Tech.pinions - Perspective, Insight, Analysis

Interesting argument on why consumer is so much more interesting these days. Also hints at why consumerization of the enterprise, SMB, etc. is gaining speed.

February 22 2015

…working 17-hour days goring competitors with your $48MM Series C unicorn horn on your way to billionaire mountain.

Founder wants to be a horse not unicorn - Business Insider

I love this phrasing. Also, there’s nothing wrong with a lifestyle business – sometimes it’s a far better choice as an entrepreneur.

February 08 2015

Play fullscreen

Excellent talk, many interesting insights on individual industries:
* healthcare is fundamentally broken
* within a year, there will be more electronic vehicle drivers in China, than drivers in the US
* don’t believe anything an economist says that sounds like a statement

Some great insightful moments, especially Steve Jurvetson on shifting the mindset from self-preservation to that of parenting a new future. “Asking someone if they would like their grandkids to have something is a great way to push competition out of the consideration.”

Diamandis also did a great job hammering home some great stats. Over the last hundred years human life span has doubled; per capita income more than tripled globally; energy costs came down 20x; food costs came down 13x; transportation costs came down 100x; communications costs came down 1000x.

January 26 2015


This is brilliant — and Carlotta Perez should be required reading for all venture capitalists.

One reading of this is that the advent of the internet was the technology trigger, the dot-com crash was the trough of disillusionment, and 2004-present is the slope of enlightenment (with a mini-crash in 2008 due to the implosion on Wall Street). This reading would be consistent with Carlotta Perez’s theory that we are now in the multi-decade deployment phase.

VC investment vs Gartner hype cycle | cdixon blog
A commonplace book is a central resource or depository for ideas, quotes, anecdotes, observations and information you come across during your life and didactic pursuits. The purpose of the book is to record and organize these gems for later use in your life, in your business, in your writing, speaking or whatever it is that you do.
How And Why To Keep A “Commonplace Book” |
The company has the best brand in their industry. By brand I don’t mean their logo or their marketing campaign, but the sum of all interactions people have with the company, its people, and its products. I believe long term, the best brand will always win.
What Is Your Thesis? - The Percolate Blog

November 25 2014

Life is a game with many rules but no referee. One learns how to play it more by watching it than by consulting any book, including the Holy Book. Small wonder, then, that so many play dirty, that so few win, that so many lose.
— Joseph Brodsky

November 11 2014


November 03 2014

“One thing we’re doing is providing long-term, patient capital.”
He is at an age where he can still afford to take the long view. But with an ambition that shows few bounds, patience may be another matter.
FT interview with Google co-founder and CEO Larry Page -
To the question of whether a private company, rather than governments, should be throwing its weight behind some of the world’s most long-range and ambitious science projects, he retorts: “Well, somebody’s got to do it.”
FT interview with Google co-founder and CEO Larry Page -
Page estimates that only about 50 investors are chasing the real breakthrough technologies that have the potential to make a material difference to the lives of most people on earth. If there is something holding these big ideas back, it is not a shortage of money or even the barrier of insurmountable technical hurdles. When breakthroughs of the type he has in mind are pursued, it is “not really being driven by any fundamental technical advance. It’s just being driven by people working on it and being ambitious,” he says. Not enough institutions – particularly governments – are thinking expansively enough about these issues: “We’re probably underinvested as a world in that.”
FT interview with Google co-founder and CEO Larry Page -

October 29 2014

The best advice I’ve gotten here is you have two traditional choices for how to delegate: you either delegate completely (and maybe you define some principles, but otherwise you have to leave the execution alone), or you stay involved in all the details. The latter model can work — think Mark Zuckerberg’s involvement in product — but you really only get to do it for one area. (There’s also a non-traditional approach, which is to train some people to be really good at simulating you, and have them run the delegated function. This may work but is not necessarily healthy.) But universally, “sparse micromanagement” (the best term I’ve heard for jumping in to some random issue, overturning all the decisions, and then disappearing) is the worst.
#define CTO

October 07 2014

This is always a theme that I think is interesting, to invest in companies that are very far from investors’ experience of the product.
Peter Thiel’s Wish list - MarketWatch
What I think works best are things that are dramatically better for a small number of people. And that is where you get the initial adoption.
Peter Thiel’s Wish list - MarketWatch

October 06 2014

What most Bitcoin experts miss - because they learned nothing while on Wall Street or never worked there - is that liquidity increases price efficiency and, frankly, lowers prices. Because you can get out because the bid-ask is low and there are lots of buyers and sellers.

Terrence Yang on Quora

This is brilliant.

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