Antelope Canyon is an Instagrammer’s dream. But look at how insane it is to pay almost $300 to take the exact same photo as hundreds of others next to you
This is Phantom by Peter Lik which sold for a record setting $6.5M in 2014. Beautiful and haunting.
Photography is truly an instrument of desire in more ways than one. The act of photography itself inspires others to want to have photographed it.
Reminds me of this crazy lineup to summit Mount Everest. These people are risking their lives in the death zone, and this was one of the most deadly seasons at Everest ever.
Yes it is an achievement but not what it once was when it gets commodified like this.
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Doing YC more than pays for the 7% equity you give up
When you combine that with the clear speed up and community that helps you (and that your % likelihood of success goes up a lot more too) this means YC is clearly worth it
The “avg ARR” stat is completely useless as a metric because the vast majority of YC startups start with just an idea or with no revenue. This means the vast majority of ARR at YC demo day pitches was done in 10 weeks
Your avg non-YC deal has revenue from 10 months not 10 weeks
Objects in motion stay in motion.
Objects at rest stay at rest.
Net net as an investor you want to be in the startup that grows fast (slope) instead of has a high ARR number (y intercept)
In 2019 The Richmond Democratic Club honored her with some kind of award alongside Peter Lauterborn, a manager in the SF Ethics Dept
Having friends in the Ethics dept is awfully handy if your political machine might need the dept to look the other way
This was the same event with a truly rotten cast of corrupt politicians including Allison Collins who was recalled for making instruction worse for kids, removed Algebra from middle schools and merit from Lowell (and calling Asians house n-words)
The difference between an overhyped startup failure and a valuable real business that makes it the long haul is sometimes as simple as:
Do the founders themselves believe in what they are doing to the point where they will not quit?
This is where definite optimism matters: If startup ideas were people…
an indefinite optimist looks for more optionality, searching around the room at the party for the more interesting person to talk to.
A definite optimist engages deeply and finds themselves engrossed in the person they are talking to now.
For their startup, the problem or way to solve becomes a calling. It isn’t just words to trick people into giving them capital or to come work for them.