Today, I share a metric that made all of us proud at @hunch_social! In a year's time, Hunch has generated a total of 32 million votes! To put this into context, the 2019 UK general election saw a total of 32 million votes, with the winning party securing 14 million.
A country…
A cheat code I wish I knew at 18...
The 4 Types of Luck:
In 1978, a neurologist named Dr. James Austin published a book entitled Chase, Chance, & Creativity: The Lucky Art of Novelty.
In it, he proposed that there are 4 types of luck:
(1) Blind Luck
(2) Luck from Motion
(3)…
Most people do not read what you have written.
They read what they want to read in what you have written.
What they want to read is what they want to believe must be true about you, about themselves, or the world at large. Your writing is simply a confirmation vehicle for them.
Why do companies with major resources & distribution make products that are mediocre & often fail to reach their potential?
There are a handful of reasons, many of which you already know. But there is one under-discussed reason: Operators Optimizing for Optics
Thread:
Short thread on something I wish I had understood much better 10 years ago:
If you are ambitious, there are basically two games you can play at a startup
Many people early in their careers (especially those from big tech, consulting, finance) play the wrong game, and lose both
1/
Get a cup of coffee.
In this thread, I'm going to show you a simple way to think about "LTV vs CAC" trade-offs.
For those unfamiliar:
LTV = Life Time Value of a customer, and
CAC = Customer Acquisition Cost.
MEGATHREAD TIME: In 40 tweets I will describe 40 powerful concepts for understanding the world. Some are complex so forgive me for oversimplifying, but the main purpose is to incite curiosity. Okay, here we go:
I should probably write a post about this, but when you strip them down, companies like YC / Stripe / Lambda are variants of the same model -- they offer an increasing value bundle to a growth agent and participate in it's upward velocity as compensation.
Two incredibly valuable management frameworks:
1) right people + right structure = right results. Great mgrs must solve for both.
2) Give people narrow tasks, if they crush it widen the scope of the tasks, repeat until they run the company or top out.
It’ll take a while, but the entire tech industry will ultimately be rebuilt on public blockchains. Incorporation, funding, sending/receiving payments, employee equity, user incentives, encrypted messaging, identity, accounting, M&A, governance...all can be automated with crypto.
Daily #Bitcoin transactions are close to 2017 highs but avg transaction fees are not even close to 2017 Peak..
#crypto#cryptocurrency #HODL#BTC#cryptotrading
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Posts on cricket, coding and movies
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My views and my mistakes are my own. Always happy to learn and share 📖
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No opinions, Only FACTS backed by Data,
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Pythonista, golfer and golf course photographer
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2K Followers 519 FollowingQuant | Dev | Crypto | Not Financial Advice | DMs open 📥
Writing on Quant Infrastructure: https://t.co/xOauDiA9Ox 🤖 (on hiatus)