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Raj Balakrishnan proslijedio/la je Tweet
“The world you desire can be won. It exists.. it is real... it is possible.. it’s yours.” - Ayn Rand (born OTD 1905)pic.twitter.com/M6IZsAHe1s
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Raj Balakrishnan proslijedio/la je Tweet
To call someone a 'genius' has nothing to do with the complexity of the problem, but the amount of people not able to see the solution 'Experts' are those who impose same logical framework on the problem 'Genius' is someone who is not aware there was a "logical framework"
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Raj Balakrishnan proslijedio/la je Tweet
If your work doesn't seem *viscerally* important + interesting/fun *to you,* it'll really mess with your life and general happiness. Repeating all the objective merits and perks, telling yourself you have no choice, and picking up a meditation practice are not going to save youhttps://twitter.com/singareddynm/status/1222292269069488133 …
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Raj Balakrishnan proslijedio/la je Tweet
The cental rule in life is that it is much, much better to panic early than late.
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Raj Balakrishnan proslijedio/la je Tweet
Competing on the basis of price is difficult and without network effects, is typically completely undifferentiated and unsustainable The much more interesting companies get created when you compete on the basis of value
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Raj Balakrishnan proslijedio/la je TweetHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Raj Balakrishnan proslijedio/la je Tweet
“I don’t like the idea of understanding a film, don’t believe that rational understanding is an essential element in the reception of any work of art.Either a film has something to say to you or it hasn’t. If you are moved by it, you don’t need any explanation.” Federico Fellinipic.twitter.com/C4inXucooN
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Raj Balakrishnan proslijedio/la je Tweet
Answer: depends *almost entirely* on what it cost the bank to acquire and keep B's business, because B is *printing money* via interchange. A contributes about ~$1.3k of revenue per year (plus $200~$300 in month 1). B contributes about $2.5~$3k annually.
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Raj Balakrishnan proslijedio/la je Tweet
Everything you want to achieve in life requires you to get used to its opposite If you want to be smart, you have to get used to feeling dumb If you want to be strong, you have to get used to feeling weak If you want to be wealthy, you have to get used to feeling poor
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Raj Balakrishnan proslijedio/la je TweetHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Raj Balakrishnan proslijedio/la je Tweet
Anyone that’s been in an extremely supportive, creative environment knows how fluid and forgiving it is. Messaging and videoconferencing don’t seem close to recreating that, yet.
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Raj Balakrishnan proslijedio/la je Tweet
The legendary copywriter had 7 Keys to Successful Direct Marketing which I find myself constantly coming back to... 1. It's about the customers not the products.
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Raj Balakrishnan proslijedio/la je Tweet
“Learn how brains organize ideas.” -
@ScottAdamsSayspic.twitter.com/cms6PcXlYI
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Raj Balakrishnan proslijedio/la je Tweet
Unconfident fundraisers talk 90% of the time, hammer home hand-wavy talking points, & grasp at straws for what they think VCs wanna hear. Confident fundraisers listen 50% of the time, ask questions, & admit the risks to investing as well as what they have & haven't proven yet.
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Raj Balakrishnan proslijedio/la je Tweet
Money only measures itself
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Raj Balakrishnan proslijedio/la je Tweet
How To Invest In Startups:https://blog.samaltman.com/how-to-invest-in-startups …
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Raj Balakrishnan proslijedio/la je Tweet
this letter from Rand, in my opinion, summarizes her intentions the best (or at least.. summarizes the intention that i personally benefit from with her writings). 'We never had to take any of it seriously' is my most favorite sentence ever written (needs context of the book)pic.twitter.com/kAhYKPH4z3
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Raj Balakrishnan proslijedio/la je Tweet
I've noticed this with startups, especially Airbnb. When they started YC, they were only about 4 tweaks from taking off like a rocket, but as far as they (or I) could tell, they were dead.
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Raj Balakrishnan proslijedio/la je Tweet
This is really good. When you're trying to do something new and it's not working, you don't know whether that's because it's impossible, or you just got some minor detail wrong. http://johnsalvatier.org/blog/2017/reality-has-a-surprising-amount-of-detail …
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Raj Balakrishnan proslijedio/la je Tweet
Super interesting cognitive bias from Kanneman's work: When all the options are good, people are risk-averse. When all the options are bad, people are **risk-seeking**. It's when people are backed into tough situations that so much value ends up being created (pivots, etc.)
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