1/ Informing a reader by telling stories is the approach taken in this new book on venture capital. It's is easier to convey an idea like:
"Venture capital is not even a home-run business. It's a grand-slam business." Bill Gurley
if you tell a story. amazon.com/Power-Law-Vent…
"Venture capital is not even a home-run business. It's a grand-slam business." Bill Gurley
if you tell a story. amazon.com/Power-Law-Vent…
2/ Free book excerpt at: penguinrandomhouse.com/books/580120/t…
"Most people think improbable ideas are unimportant, but the only thing that's important is something that's improbable."
Don't pitch an incremental category that is: "one sheet of toilet paper, not two." penguinrandomhouse.com/books/580120/t…
"Most people think improbable ideas are unimportant, but the only thing that's important is something that's improbable."
Don't pitch an incremental category that is: "one sheet of toilet paper, not two." penguinrandomhouse.com/books/580120/t…
3/ A recent example of how stories work as a teaching tool is Morgan Housel's book The Psychology of Money. The huge sales of Morgan's book are an example of a power law at work. He wrote a grand slam. If you want more readers or viewers, tell more stories.infiniteloops.libsyn.com/tren-griffin-w… 
4/ What's the most important idea in The Power Law? My candidate:
The most important innovations "can't be predicted based on extrapolations of past data. The future can be discovered by iterative, venture-backed experiments. It cannot be predicted."
Probabilistic process!
The most important innovations "can't be predicted based on extrapolations of past data. The future can be discovered by iterative, venture-backed experiments. It cannot be predicted."
Probabilistic process!
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