David Clark Profile picture
3x founder, 1x exit, ex-Amazon. Follow to learn how to work smarter (and harder). Building Joy, VC-backed AI tools for real estate
Jul 13 17 tweets 5 min read
The biggest financial scam:

Buy Now, Pay Later.

It's not helping you afford things, it's engineered to create long-term debt dependency.

Here's how Buy Now Pay Later companies profit from your spending habits (& why we've been measuring debt risk completely wrong): 🧵 Image The psychology is simple.

When you see a $400 purchase split into "4 easy payments of $100," your brain doesn't process it as $400.

It processes it as $100.

This is weaponized behavioral science. Image
Jun 27 17 tweets 5 min read
The way Warren Buffett runs Berkshire Hathaway is insane:

Only 25 people manage almost 400,000 employees in the middle of nowhere.

Buffett created and scaled a very unconventional model that 99% of people never heard of.

Here's how it works: (thread) 🧵 Image
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Most trillion-dollar companies have massive headquarters, armies of middle managers, and endless meetings.

Berkshire Hathaway has 24 people in Omaha running 60+ subsidiaries worth $1.1 trillion.

But here's the crazy part... Image
Jun 23 15 tweets 4 min read
SHOCKING: University of Exeter completed the largest AI creativity study ever.

Turns out, AI makes individuals MORE creative but society LESS creative overall.

Here's what 900 participants revealed:

(hint: we're accidentally creating a creativity monoculture) Image The experiment was straightforward:

300 writers split into 3 groups. 600 judges evaluating their work.

Group 1: No AI assistance
Group 2: One ChatGPT-generated idea
Group 3: Up to 5 AI-generated starting points

Each wrote 8-sentence stories targeting young adults. Image
Jun 19 21 tweets 5 min read
Poor Charlie's Almanack is one of the most powerful book that exists.

But the deepest lessons often hide in plain sight.

I’ve collected 8 of them that completely shifted my perspective.

Be prepared to have your mind blown... (thread) 🧵 Image 1/ Think Like a Psychologist

Wall Street analyzes Coke's financials.

Munger sees a machine for creating conditioned reflexes.

Every ad links Coke to happiness and fun. After decades, just seeing the logo triggers positive emotions. Image
Jun 11 17 tweets 4 min read
90% of founders waste years building products nobody wants.

They all skip the ONE question that matters most.

Answering it is how I got strangers on Reddit to pay me for an 'AI' startup before even having a product.

The "reverse launch" method—get paid first, build second: 🧵 May 2023. My co-founder Kyler and I had an idea.

Real estate investors pay people to "drive for dollars", literally driving around neighborhoods looking for deteriorated properties to buy.

We thought: "What if AI could do this using street view images?"

But here's the mistake most founders make...