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patrick_oshag's profile
Patrick OShaughnessy
Patrick OShaughnessy
Patrick OShaughnessy
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@patrick_oshag

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Patrick OShaughnessyVerified account

@patrick_oshag

Mapping the world’s business & investing knowledge: @OSAMResearch 🧬 / @psumvc 🟣 / @capitalcamp ⛺️ / @joincolossus 🔎 / @join__frontier🌐

New York, NY
joincolossus.com
Joined June 2013

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    Patrick OShaughnessy‏Verified account @patrick_oshag 18 Mar 2019

    Patrick OShaughnessy Retweeted Patrick OShaughnessy

    A thought I had while reading this: the role of a CEO is 1) design the company's "algorithm" 2) build the company's culture and 3) recruit the best people possible using 1) and 2)https://twitter.com/patrick_oshag/status/1107677205352583169 …

    Patrick OShaughnessy added,

    Patrick OShaughnessyVerified account @patrick_oshag
    One of the best business reads of the year by @zackkanter on Walmart and Amazon. https://zackkanter.com/2019/03/13/what-is-amazon … pic.twitter.com/Ab4mo2yIEz
    11:08 AM - 18 Mar 2019
    • 46 Retweets
    • 343 Likes
    • Code Dio ockrazor James Matt / Cultish Creative 🚢 Slava K. Too Cheap for the “e” Crighton Sumaer Jolly Olivia H Patrick OShaughnessy
    8 replies 46 retweets 343 likes
      1. Patrick OShaughnessy‏Verified account @patrick_oshag 18 Mar 2019

        This is Zack's description of Walmart's "algorithm" to give an example of what I meant above. This is important for another reason: if you get this right, capital allocation choices get easier (though still require additional thinking) because they tie back to the algorithm.pic.twitter.com/xTgOthGRfx

        4 replies 1 retweet 54 likes
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      1. grigori milov‏ @grigorimilov 18 Mar 2019
        Replying to @patrick_oshag

        Culture evolves or grows. It dorsn't get built. CEO designs company's "algorithm" by recruiting the best possible people. This should be the focus.

        0 replies 0 retweets 3 likes
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      1. New conversation
      2. Geoffrey Batt‏ @geoffreysbatt 18 Mar 2019
        Replying to @patrick_oshag

        Capital allocation.

        1 reply 0 retweets 0 likes
      3. Patrick OShaughnessy‏Verified account @patrick_oshag 18 Mar 2019
        Replying to @geoffreysbatt

        This, to me, is a part of the algorithm. A a well designed algorithm makes capital allocation choices easier

        0 replies 0 retweets 2 likes
      4. Show replies
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      2. Ian Bongaardt‏ @IanBongaardt 18 Mar 2019
        Replying to @patrick_oshag

        Interesting. I just got done reading Jim Collins’s Good to Great and he has the same criteria but in reverse order. Recruit the best people to build the best culture and algorithms.

        1 reply 0 retweets 0 likes
      3. Richard Hughes-Jones‏ @rhughesjones 18 Mar 2019
        Replying to @IanBongaardt @patrick_oshag

        Be careful with G2G, it's a flawed book: http://www.richardhughesjones.com/survivorship-bias-entrepreneurship/ …pic.twitter.com/U0LAV5m7kY

        1 reply 0 retweets 3 likes
      4. Show replies
      1. Saul Lieberman‏ @Saul_Lieberman 18 Mar 2019
        Replying to @patrick_oshag

        @rabois talks about the equation and how the CEO must know the levers to pull. Hopefully Twitter will autoalign the metaphors.

        0 replies 0 retweets 1 like
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      2. Jamie Catherwood‏ @InvestorAmnesia 18 Mar 2019
        Replying to @patrick_oshag

        I knew I was just a factor in a model to you

        5 replies 0 retweets 22 likes
      3. Michael Policar‏ @MikePolicarNGP 18 Mar 2019
        Replying to @InvestorAmnesia @jfc_3_ @patrick_oshag

        But think of all the people that "screened out" Jamie 👍

        1 reply 0 retweets 1 like
      4. Show replies
      1. Richard Hughes-Jones‏ @rhughesjones 18 Mar 2019
        Replying to @patrick_oshag

        I often come back to this @fredwilson post: https://avc.com/2010/08/what-a-ceo-does/ …

        0 replies 0 retweets 4 likes
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