What should young founders do to successfully recruit senior people in the early stage of their startups?
A controversial thing I believe is that unless you are getting multiple percent of equity, it’s usually a bad deal to join an early-stage startup that hasn’t yet found product-market fit and the resulting growth..
There is a massive hotel, 105 stories tall, that sits almost in the middle of downtown Pyongyang. It was started by the North Koreans but the construction was poorly done and it never got past the … (more)
The Santa Rita Do Sapucai prison in Brazil, allows it’s inmates to exercise bikes topower lights in a nearby town in exchange for reduced sentences.
For every 16 hours that they pedal, one day is knocked off their sentence.
- Elon Musk has a Tesla Model S, of course.
- Mark Zuckerberg drives a black Volkswagen GTI, but he also has an Acura TSX
- Bill Gates used to drive to his office in a Ford Focus, but he had a few Porsches for fun. Steve Balmer, drives a Ford Fusion Hybrid as he grew up in Detroit, and his father worked for Ford.
- Jeff Bezos was well known for driving around in an old 2006 Honda Accord
- Ingvar Kamprad, who founded Ikea, drives a 1993 Volvo 240
- Sam Walton, who founded Wal-Mart famously drove around in old pickup. His daughter drives around in a 2006 Ford F-150. According to the book “The Millionaire Next Door”, the Ford F-150 is one of the most popular vehicles for millionaires.
- Warren Buffet drives a Cadillac DTS, which he bought during the financial crisis to show support for GM. It was recently auctioned off for charity:
- Michael Dell drives a 2004 Porsche Boxer that’s worth about $20,000
- Eric Schimdt from Google drives a Toyota Prius
Some of them have flashier rides: Larry Ellison has a collection of super cars including a McLaren F1. Michael Bloomberg and Nike founder Phil Knight both drive an Audi R8. Richard Branson flies a lot, but while in the UK famously drives a $125,000 + Gibbs Aquada amphibious car which he often uses to cross the English Channel.
“If a homeless person has a funny sign, he hasn’t been homeless for that long. A real homeless pe…(more)
My ex wife had an affair after 18 yrs of marriage. The affair resulted in a pregnancy. Some of you who have read my other answers may already k…(more)
- Make life and career choices for their neighbor’s kids
- Know and remember the name of every relative, howsoever distant
- Explore almost every possible major landscape – rivers, lakes, beaches, mountain…
We showed up with four people. They gave us desks, ran us through orientations and more or less turned us loose. Desks, laptops, no servers,…(more)
1. Inception (only sort of) or Incorporation of Reality in Dreams
You can alter someone’s dreams as they are dreaming.
What the brain does, ever so often, is include stimuli happening in reality … (more)
Almost every decision I’ve ever made to follow my passions and ignore my fears.
- Turned down a great job offer. When I was 22 I turned down a slightly ridiculous £85k (about $135k) job offer. At th…
This happened nearly 3 years ago, while i was returning from the market. I stepped…(more)
I really, really like s… (more)
I’m sure th…(more)
I was taken aback and fumbled quite a lot as I could not bring m… (more)
1. Drinking (beer, whiskey, rum, vodka, gin)
Well, drinking in general. Most of the hard drinks taste bitter. And bitter is an acquired taste. I do not judge people if they like drinking hard drin… (more)