Warren Buffett is usually considered the greatest investor of all time but one thing that is often overlooked is how much his longevity has helped. Yes, he is worth $110 billion. Yes, he’s compounded money at a 22% annualized rate. But he also started investing in stocks at age 10 and is now 91. That is 81 years of compounding. By the way, 95% of his wealth accrued after age 65. If he had started investing at 3 Read more
"That’s the dumbest thing I’ve ever heard”, said Bill Campbell in typical fashion, to an employee in a meeting. Back then, he was a tyrannical boss, and it took a near mutiny from his staff for him to see the error of his ways and change. According to this book, he was a classic “diminisher”. He was not yet the legendary mentor to Silicon Valley CEOs like Steve Jobs and the Google founde Read more
[By Mark Kosoglow , former VP for Sales and the first employee.] Today Outreach has a valuation of $4.4 Billion. March 2016. Outreach hit $3M in ARR. 3 competitors hot on our tail. Getting to $10M so we could raise a Series A was becoming nerve wracking as our runway was shrinking fast. What'd we do? 1. We picked a competitor to pick on - We targeted ToutApp, Inc. (Acquired by Marketo, Inc.) . Their Read more
Interesting movie about the two Dassler brothers that founded Adidas and their eventual falling out. "Adidas" is a contraction of Adi Dassler, the younger brother who was the master cobbler and tinkerer. He was the Wozniak to Rudi's Steve Jobs. Rudi (Rudolf) left to found Puma, his nickname, for his predatory reputation with the ladies. He even once slept with his brother’s wife! Like Jobs, Rudi was a nat Read more