This book isn’t gonna beat any of the accusations.
(Paraphrasing) “The classic approach to business strategy is to take calculated risks after you have a clue what you’re doing. But look at these huge startups that took wild risks and worked out!”
Survivorship bias as business wisdom. Got it.
(Paraphrasing) “The classic approach to business strategy is to take calculated risks after you have a clue what you’re doing. But look at these huge startups that took wild risks and worked out!”
Survivorship bias as business wisdom. Got it.
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1. his dad was one of Prince Phillip's private secretaries
2. the shortest guy in their Olympic 8+ was 6'2"
https://bsky.app/profile/jessicacalarco.bsky.social/post/3kx63gtwxfk2o
Paging @niedermeyer.online. How many years has it been since Tesla updated the product line?
https://youtu.be/p7Lo0sZfdHE
The problem is they were wildly off predicting software progress. FSD has gotten further with finding challenges than solving them.
Resulting in production that is both slower, and more error prone than the standard, and hilariously bad fit and finish on the cars.
Software in cars could be split into categories:
basic mechanical (fuel/power management, internal engine and transmission functions, etc)
Infotainment, user controls
driver assistance/self driving
Silicon Valley wisdom never fails to reinforce how ferociously mid their minds are
electric car that can charge off solar a potential life saver is also the time that your OTA system is most likely to fail. If an update is in progress when the SERVER has a failure, every car in the fleet is simultaneously taken offline.
This book is only seven years old. How is it already so painfully dated?
The concorde worked but the cost meant it was only for the rich who didn’t fancy private jets.
The problem is fuel costs and design constraints. To be streamlined enough reduces space.
To get to speed, and maintain it, reduces space, so passenger count is lowered.
* Already was a thing
* Is being shoved down everyone's throat with very little benefit other than specific niches
* Fizzled out
* Both already was a thing AND had already fizzled out
* Absolute nonsense that ended up with the world's most dangerous kiddy car ride
This passage is like the butterfly meme. Reid Hoffman looks at any successful product launch and says “is this blitzscaling?”
KKKrapatalists love to pull that trick.
Once a startup is showing blitz scale growth, it is both overly reliant on more VC capital infusions AND the tight-knit VC community stops backing competing firms.
This locks in paydays for early investors, but is deeply anticompetitive.
(Unlike Hoffman’s book, you should actually buy and read Bracy’s book.)
GenAI definitely has a lock on this type of text.
It would be interesting to understand *why* that happened, but a VC may not be the right guy to write such a book.