Ignore the critics

"In many ways, the work of a critic is easy. We risk very little, yet enjoy a position over those who offer up their work and their selves to our judgment."
"We thrive on negative criticism, which is fun to write and to read. But the bitter truth we critics must face, is that in the grand scheme of things, the average piece of junk is probably more meaningful than our criticism designating it so."
"there are times when a critic truly risks something & that is in the discovery &defense of the *new*. The world is often unkind to new talent, new creations. The new needs friends. Last night I experienced something new: an extraordinary meal from a singularly unexpected source"

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More from @Jason

4 Mar
1/Most folks don’t have a startup, they have an *idea* or *plan* for a startup

no one invests in ideas or plans today

I haven’t seen ideas/plans get funded for ~20 years

So what gets funded?

— Growing Startups
— World-class products
— Track Records
— ... then everything else
2/Investors pick their inventory in three phases.... First, they look for “the chart.” Basically, you’re growing ~20% a month, consistently, for ~six months

After VCs can’t find any more investments with the chart they move on to the second tier startups....
3/Those startups have either a world-class product design or founders with track records.

World-class design means your product can stand with Uber, Calm, Robinhood, Instragram, Snap, Wealthfront, etc.

World-class track record means you build a startup already & sold it.
Read 6 tweets
7 Feb
Podcasting tips form someone who has recorded 1,200 episodes and who hosts 2 of the top 10 tech podcasts:

1. Audio quality is critical. You need the best hardware, software, and post production. get this perfect or don’t bother starting a podcast.
2. Video is not as important as audio, & it takes 20x as much effort to do a quality video podcast as an audio one

Recording, editing, storing, sharing video is expensive & time consuming

A great audio podcast is ~$500
A great video podcast is thousands

Stick to audio.
3. A podcast needs to be about something. It has to have a value proposition/purpose

don’t bear afraid to go niche: that’s is the strength of podcasting!

@tferriss did high-performers, which seems to be niche... but obviously it isn’t when he lands @RealHughJackman!
Read 12 tweets
12 Jan
1/USA #VaccineStrategy improving

💉 600k+ shots in arms today
📈 2.7% vaccinated
😷~100-125m have had Covid (estimate)
---
~135m OTOS ("on the other side" -- my estimate)

With 1m infected & 1m vaccinated a day = 2m OTOS a day

~Feb 15th we will have 50%+ of the USA "OTOS" ImageImage
NY & California, the worst-performing states, announce less precious vaccine deployments. 24-hour, @friedberg-style rollouts coming soon.

NYC: gothamist.com/news/nycs-firs…
Read 4 tweets
22 Dec 20
1/I’ve embraced remote work completely like all tech folks have been forced too, & I’m afraid & inspired that the gains are so significant for employees that many/most will not go back to offices

This is going to lead to a crazy, competitive chess board for funds & startups.
2/Some companies will be able to draw top talent and demand they come to the office (think: Apple, FB, Google)

Companies that do real-world things like build cars or rocketships, will obviously be able to draw people to an office

For knowledge workers??
3/Nope. The top developers, writers, sales executives, product people, marketers, investing, finance executives, etc. will be able to say the following to big companies:

"I am only looking for job opportunities that allow me to work from home."

That's it. Done. Employees win.
Read 8 tweets
22 Dec 20
1/Sounds like jail time: "Ripple created an information vacuum such that Ripple and the two insiders with the most control over it—@chrislarsensf & @bgarlinghouse sell XRP into a market that possessed only the information Defendants chose to share about Ripple and XRP"
2/Smoking guns: "Ripple received legal advice as early as 2012 that under certain circumstances XRP could be
considered an “investment contract” and therefore a security under the federal securities laws."

[ note: we all were saying this on twitter! ]
3/What we all through is confirmed: ". Ripple used this money to fund its operations without disclosing how it was doing so, or the full extent of its payments to others to
assist in its efforts to develop a “use” for XRP and maintain XRP secondary trading markets."
Read 22 tweets
21 Dec 20
1/ON WORKING FOR ME: I have a ton of folks asking to do free internships

We don't do them cause I hate short-term relationships

My joy has been developing talent, so we always have a half-dozen, entry-level positions available @launch

*BUT* raises are 10-20% for survivors...
2/folks who start on this path go from $50k to $60k to $75k to $90k to $120k over 5 years--with zero experience in venture capital, no business degree, & no Ivy league pedigree

We look for:

--hustle
--optimism
--ownership
--ability to learn new skills quickly
--focus
3/We look for folks who are doing stuff in the world

a blog, youtube channel, side hustle--folks who build stuff, tinker, & learn skills constantly

We don't care about degrees we care about how you've demonstrated your skills in the world already
launch.co/careers
Read 5 tweets

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