I do tend to think that things that have incredibly long time horizons often do involve market failures.

As you craft a plan to expand to adjacent markets, don't disrupt: Avoid competition as much as possible.

A startup is the largest endeavor over which you can have definite mastery. You can have agency not just over your own life, but over a small and important part of the world. It begins by rejecting the unjust tyranny of Chance. You are not a lottery ticket.

If they don't go to law school, bright college graduates head to Wall Street precisely because they have no real plan for their careers.

What nerds miss is that it takes hard work to make sales look easy.

All failed companies are the same: they failed to escape competition.

Of the six people who started PayPal, four had built bombs in high school.