Agency > Intelligence I had this intuitively wrong for decades, I think due to a pervasive cultural veneration of intelligence, various entertainment/media, obsession with IQ etc. Agency is significantly more powerful and significantly more scarce. Are you hiring for agency? Are

Robert Sterling Costco is the one store I will go to

BuccoCapital Bloke The Costco model never fails

Costco is immune to AI. We did an entire a16z pod on all the ways AI WILL disrupt commerce, and the businesses that are at risk - but this is my favorite clip. Alex Rampell on why Costco is "the greatest company in the world" ⬇️

on becoming "legible to capital": the most underrated factor in the success of firms is the degree to which they are legible to Capital. defining this precisely is hard ("you know it when you see it"): but an idea, a firm, or a person is legible to Capital (cap-C) when by dint

Today we’re making one of the biggest announcements in Zipline’s history. We have signed a $150m contract with the US State Dept that will come with $400m of co-commitments from our African partner govts. This will expand life saving autonomous delivery to 130m people in Africa

Spouses with good jobs are the unsung heros of the startup world.

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The secret to investing is to invest in unstoppable people building inevitable things.

You can just do things

Customer interview this morning gave me a new framing that hit so hard I got chills

First time in my career I didn’t have to settle for a .co, prefix, or workaround. Just name.com. Small thing, but it feels like a milestone.

Antisemitic rhetoric is not abstract—it carries a cost, and my brothers and sisters continue to pay it. May this devastation somehow spark a hidden miracle, one our eyes do not yet have the merit to see. 🕎

I'm not sure I've heard a more ludicrous idea than a bank that doesn't make money off the money

A company that doesn’t need to hide how it makes money is usually one you can trust

To fall asleep, you must first pretend to be asleep That’s pretty much how everything in life works

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Remove the prediction markets & option trading & you'll be part of history as much as JP Morgan & the Rothchilds

Life advice I’d give my 20-year-old self: The person you become in pursuit of a goal matters more than achievement of the goal itself. If you build discipline, adaptability, and courage along the way, you win even if the results fall short. Life is a long game. Remember that.