Hi All,
Thank you for spending your valuable time with me, I appreciate it!
This week COVID-19 and stock market dance again. Imagine the havoc a tiny little virus can cause! If you are one of those folks who can work from during this time, appreciate the fact that you can. So many folks who work in service industries or customer facing roles do not get a chance to do so and have to expose themselves to risk.
I also found this article on why elderly people are more likely to run for office super interesting
Front and Back
I saw the below on LNKD and I thought it was an interesting way to think about product. What you see and what happens behind the scenes is completely different! Product is hard! Good product is even harder!
This week’s chart : Ultra Wealthy, sadly it does not account for purchasing power parity. How many people in Portugal for example have the same purchasing power of $500M as someone in the United States? It will be way more than 10!
Here are this week’s dozen:
Innovation generally reminds people of some weird skunkworks project in some nondescript building away from the serious business right? But here is a good article on 4 types/direction of innovation : Mapping Innovation - The Happy Startup School
As some of you may know (perhaps from my first attempt) at writing, I am considering spending my time on writing more. I found this article from David Perell on writing pseudonymously to be a weird idea unless you are famous or writing that radically : Why You Should Write Pseudonymously
I also find that link to “destroying economic opportunities” interesting. I mean would you not want someone who can actually think?
As pseudonyms become more common, people will separate their social name from their earning name so their words don’t destroy their economic opportunities. Moreover, sharing ideas that are mainstream in the moment can come back to bite you a decade later when consensus shifts and the values of the future conflict with the moral code of the present. Because anonymity protects them from the risks of publishing online, people who write under a pseudonym can pursue the truth without fear of punishment.
Delivery apps are expensive (and in search for profitability they are becoming more expensive for people). Key lesson here or trend? Autonomous delivery has to kick in and food continues to be a “local” experience : Up to 91% More Expensive: How Delivery Apps Eat Up Your Budget
How to be successful? Do the verb : Why Success Comes to Those Who Stop Chasing It
A good read on frameworks for operating/decision making at a startup
The 6 Decision-Making Frameworks That Help Startup Leaders Tackle Tough Calls
Clayton Christensen’s work on innovation: 8 Lessons Product Managers Need to Learn From Clayton Christensen and And The Essential Clayton Christensen Articles
David Sacks on how not to go “off the rails”, lessons for hyper-scaling: BlitzFail: How Not to Go Off the Rails
CEO Hats at a startup (more geared at enterprise startups). This article had so many good pointers. One of my fav was “mental calories” : From Technical to Product to Sales CEO: Hard-Earned Lessons Learned
How things have changed. When your parents speak about the “good old times” where work was just a part of your identity, not YOUR identity. I also think this really should be the focus of companies. How do we encourage people to socialize more at work. Food, exercise, activities are all opportunities that companies do not leverage. Work is not “work” anymore. Why do we work so hard? | 1843
And I begin to understand the nature of the trouble I’m having communicating to my parents precisely why what I’m doing appeals to me. They are asking about a job. I am thinking about identity, community, purpose – the things that provide meaning and motivation. I am talking about my life.
I first came across the Diffie-Hellman key pair years ago when I was a DB Engineer. Security always fascinated me back then and even more so today. This is a good read on the birth of the public/private key pairs that so many administrators take for granted today: The Untold Story of the Man That Made Mainstream Encryption Possible
The decoy effect. How you get fooled. Asymmetric domination: The decoy effect: how you are influenced to choose without really knowing it
This article, a few years old speaks about how we are in the deployment age for ICT (Information & Comms technology).
One of the biggest things that struck me as I was reading up on the ICT revolution was that the recessions generally happened once in all other revolutions but twice in ICT so far. The post recession period though has a long runway and if this article is spot on then we have years ahead of this revolution which does seem to be correct but so far this does not seem to be playing out…this article was a 2015 article. If we are truly in the deployment period then financial capital should be drying up but all I see are larger rounds , more investments than the prior year. Incorrect theory or its just not materialized? I think it’s just not materialized yet but that’s a cop out right?
Is this what third-party funding for innovation will look like over the next ten years: ICT funding moving entirely to production capital and next-wave technological funding almost impossible to procure? Hard to imagine, but it’s what Perez’ predicts. The Deployment Age