Tech

You can change the world with careful planning

(Excerpt from Zero to One by Peter Thiel) The greatest thing Jobs designed was his business. Apple imagined and executed definite multi-year plans to create new products and distribute them effectively. Forget...

September 21, 2019| Strategy, Tech Read More

China needs access to US technology

(Excerpt from Lee Kuan Yew: The Grand Master’s Insights on China, the United States, and the World) China knows that it needs access to U.S. markets, U.S. technology, opportunities for Chinese students to study in...

September 21, 2019| China, Tech Read More

Lean Startup is not enough. You need a bold plan.

(Excerpt from Zero to One by Peter Thiel) Even in engineering-driven Silicon Valley, the buzzwords of the moment call for building a “lean startup” that can “adapt” and “evolve” to an ever-changing...

September 21, 2019| Strategy, Tech Read More

Modern society is rent-seeking

(Excerpt from Zero to One by Peter Thiel) Instead of working for years to build a new product, indefinite optimists rearrange already-invented ones. Bankers make money by rearranging the capital structures of already...

September 21, 2019| Life, Survivorship Bias, Tech Read More

Tech founders with extreme strength and serious flaws are often the outliers

(Excerpt from Barking Up the Wrong Tree by Eric Barker) Marc Andreessen spoke at Stanford, saying: . . . the venture capital business is 100 percent a game of outliers, it is extreme outliers . . . We have this...

September 20, 2019| Inversion, Tech Read More

The Intangible Economy

(Excerpt from Capitalism Without Capital by Jonathan Haskel and Stan Westlake) The type of investment that has risen inexorably is intangible: investment in ideas, in knowledge, in aesthetic content, in software, in...

September 8, 2019| Tech Read More

Why tech uses equity as a main source of funding

(Excerpt from Capitalism Without Capital by Jonathan Haskel and Stan Westlake) Even those intangibles that can be sold, like patents or copyrights, present problems to creditors: they are typically difficult to value...

September 8, 2019| Tech Read More

Tech changes lifestyle

(Excerpt from Breaking Smart by Venkatesh Rao) To traditionalists, particularly in the United States, the car is a motif for an entire way of life, and the smartphone just an accessory. To early adopters who have...

September 8, 2019| Tech Read More

5 Main Types of Machine Learning

(Excerpt from The Master Algorithm by Pedro Domingos) For symbolists, all intelligence can be reduced to manipulating symbols, in the same way that a mathematician solves equations by replacing expressions by other...

September 8, 2019| Tech Read More

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