
Don't Die of Heart Disease
During my "hiatus" I've been doing research in a variety of different areas that interest me. After a personal experience with basal c...
The Deal
Founders have little to no diversification. They are all in on one idea, company, and mission. It's an insanely high-risk, high-reward endeavor. As founders become increasingly wary of this level of risk concentration, they begin to think about ways to mitigate it. One idea I've heard repeatedly is the notion that a group of founders can self-assemble and contribute a percentage of their equity in their company to a shared pool. That way, if they fail and one of the other founders in the grou...

Sequoia Wants It Hard
I have seen a lot of young first-time founders play it fast and loose in their fundraising processes the past several years. It’s been frothy times, so I think it brings out a lot of strange behavior. It got me thinking of when I was a young founder and the things I’d do, particularly one specific story that I tell people when I get asked “what not to do” when fundraising. Back in 2010 Steve and I launched GroupMe to much fanfare. It got a lot of attention out the gate because we built it at ...

Don't Die of Heart Disease
During my "hiatus" I've been doing research in a variety of different areas that interest me. After a personal experience with basal c...
The Deal
Founders have little to no diversification. They are all in on one idea, company, and mission. It's an insanely high-risk, high-reward endeavor. As founders become increasingly wary of this level of risk concentration, they begin to think about ways to mitigate it. One idea I've heard repeatedly is the notion that a group of founders can self-assemble and contribute a percentage of their equity in their company to a shared pool. That way, if they fail and one of the other founders in the grou...

Sequoia Wants It Hard
I have seen a lot of young first-time founders play it fast and loose in their fundraising processes the past several years. It’s been frothy times, so I think it brings out a lot of strange behavior. It got me thinking of when I was a young founder and the things I’d do, particularly one specific story that I tell people when I get asked “what not to do” when fundraising. Back in 2010 Steve and I launched GroupMe to much fanfare. It got a lot of attention out the gate because we built it at ...
Share Dialog
Share Dialog
Watching Novak Djokovic play tennis is a pure delight, but I love listening to him talk about tennis even more. He's the GOAT - a perfectly tuned machine with a deeply intrinsic sophistication when it comes to the game. I always look forward to watching his post-game commentary. He has become an exemplar of sportsmanship, remarkably gracious when he wins and loses.
Earlier this week he played an incredible match against Jannik Sinner where he lost in three sets. You can watch the highlights here (they're incredible). What stood out to me more was Djoker's analysis of the game. Listen to how he talks about it, remembering every critical point and juncture throughout the match, reciting specifically what happened and when.
My favorite part is how he attributes Sinner's win to the fact that he was "more decisive and courageous in the moments he needed to be." He also notes, "In these types of matches very few opportunities are presented and if you don't use them the other player will."
So much about these comments remind me of company building. When I talk to entrepreneurs and look back on my own journey, so much of the story and outcome is usually attributed to having the courage to be decisive in the most important moments, which are almost always filled with ambiguity at best and more often absolute existential chaos. It's incredibly frightening to step up in those moments - it's much easier to let them pass you by. But having the courage to make decisions during these defining times, whether they are right or wrong, is oftentimes the thing that makes or breaks a company. It's one of the most important hallmarks of entrepreneurship.
Watching Novak Djokovic play tennis is a pure delight, but I love listening to him talk about tennis even more. He's the GOAT - a perfectly tuned machine with a deeply intrinsic sophistication when it comes to the game. I always look forward to watching his post-game commentary. He has become an exemplar of sportsmanship, remarkably gracious when he wins and loses.
Earlier this week he played an incredible match against Jannik Sinner where he lost in three sets. You can watch the highlights here (they're incredible). What stood out to me more was Djoker's analysis of the game. Listen to how he talks about it, remembering every critical point and juncture throughout the match, reciting specifically what happened and when.
My favorite part is how he attributes Sinner's win to the fact that he was "more decisive and courageous in the moments he needed to be." He also notes, "In these types of matches very few opportunities are presented and if you don't use them the other player will."
So much about these comments remind me of company building. When I talk to entrepreneurs and look back on my own journey, so much of the story and outcome is usually attributed to having the courage to be decisive in the most important moments, which are almost always filled with ambiguity at best and more often absolute existential chaos. It's incredibly frightening to step up in those moments - it's much easier to let them pass you by. But having the courage to make decisions during these defining times, whether they are right or wrong, is oftentimes the thing that makes or breaks a company. It's one of the most important hallmarks of entrepreneurship.
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