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Facebook buying Instagram for $1 billion

Nike signing Michael Jordan for $500,000 per year

Google buying YouTube for $1.36 billion

What are your favorite bets that critics laughed at when it happened but are so clear in hindsight?

👇
Thiel buying 10% of Facebook at $500,000 has to be up there
Manchester United signing Cristiano Ronaldo for £12 million is another contender
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More from @george__mack see all

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George Mack
@george__mack
Charisma Razor:

If a high-achieving person is charismatic, start with a level of skepticism for each idea they present

If a high-achieving person isn't charismatic, start with a level of openness for each idea they present

This goes against human nature (which is why it works)
If you're presented with 2 equally qualified people:

Person 1 - Looks the perfect part

Person 2 - Doesn't look the perfect part

Always pick 2 if all else is equal

1 has got there with advantages

2 has got there despite disadvantages
This thought has been surfacing in and out of my subconscious ever since I read this

medium.com/incerto/surgeo…
Read 3 tweets
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George Mack
@george__mack
Ideas spread like viruses

@rorysutherland analysing the "Work From Home" trend via the model of contagion

"All it takes is one boss who is obsessed with seeing people at their desks and your workplace’s R(0) falls to zero. It is doomed to extinction."

app.spectator.co.uk/2020/05/13/hav…
"(Despite modern technology) People continued cramming on to crowded trains to get to the office at 9 a.m... only to spend the 2 hours of the day reading emails on a screen which would have looked exactly the same had they been at home — or at the beach." - @rorysutherland
Side note:

Only British people can relate to this.

I've never felt as nationalistic as when I ignore Grammarly's red lines.

I feel like I'm in as Asch conformity test.
Read 3 tweets
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George Mack
@george__mack
Tobi Lutke (@tobi) is the CEO of Shopify

He's one of my favorite CLEAR thinkers

I spent some time in lockdown going through his interviews

Here are 6 mental models I got from it

THREAD...
LUTKE LEARNING 1 - OPERATE ON CROCKERS LAW

Crocker is a Wikipedia editor who asked people to NEVER apologise about editing his pages.

He just wanted them to focus on making his pages BETTER.

He took 100% responsibility for his mental state. If he was offended, it's his fault.
"Just give me the raw feedback without all the shit sandwich around it." - Tobi

"Feedback is a gift. It clearly is. It’s not meant to hurt. It’s meant to move things forward, to demystify something for you. I want frank feedback from everyone." - Tobi
Read 25 tweets

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