I disagree. Every large company has to perform some kind of lock in strategy. It doesn't diminish ability to create new products. x.com/lseforbusiness…
1 Say no
2 Proprietary dealflow matters
3 Valuation matters
4 Investing takes years to learn
5 Back $0B companies
6 Judgment is important/overrated
7 Invest in tech
8 No opinions
9 Incentives make for bad advice
10 Play fantasy 🏈
11 Power beats contracts
blog.angel.co/11-angel-inves…
Smart partners negotiate fair deals because they know that lopsided deals are fragile and that most value accumulates in long term trust relationships.
You can tell a lot about a potential partner by their opening offer.
Jeff Bezos, CEO @amazon:
I very frequently get the question: "what's going to change in he next 10 years?"
I almost never get the question: "what's not going to change in the next 10 years?"
I submit to you that the second question is actually the more important of the two.
"It’s the firms that invest in software while retaining the top-down 20th Century management practices and structures that fail."
Why Agile Is Eating The World bit.ly/2CVEfwF
Another brilliantly obvious insight: If you want to get the smartphone generation to care about cars, wrap a car around a giant smartphone. That @elonmusk really is a clever fellow. bit.ly/2o0jYh
The US currently spends only 2.3% of GDP on #infrastructure. How this investment must grow to meet estimated need, in our research on closing the gaps: bit.ly/BridgingInfraG…
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Get better at RxJS: https://t.co/IMwxyld3X2
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19K Followers 859 FollowingA bad man took over this network. Find me on https://t.co/1FxPZFyY6l,
https://t.co/ctLJG84pkL, and ALL the great networks! He/him.
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366K Followers 712 FollowingCharles W. Eliot University Professor and President Emeritus at Harvard. Secretary of the Treasury for President Clinton and Director of NEC for President Obama
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