CoFounder Weekly provides musings on entrepreneurship, investing, and tech culture. This week’s newsletter has 4 sections: Crossword, Tweeter’s Digest, Articles, and a Weekend Thought.
Crossword
I’m excited to introduce a digital version of the crossword puzzle to the newsletter!
It’s a startup-themed crossword puzzle.
Start here: http://cofounder.life/
If you finish this week’s puzzles, screenshot and send me your results :)
✨✨ Tweeter’s Digest✨✨
Articles
Keith Rabois (Investor/Operator at Khosla Ventures/PayPal/Square/OpenDoor) shares the frameworks he uses when assessing talent and starting businesses. 7 highlights include:
“Don’t be the best at what you do. Be the only one who does what you do.”
“The team you build is the company you build.”
“You should only start a company if you have a specific idea that you’re pretty excited about. I don’t believe in the I’m a founder because I want to be a founder philosophy of life.”
“Venture Capital a great job if you’re intellectually curious.”
One of the reasons why you learn in a high-growth company is problems are changing all the time and can’t hire fast enough to fix the problems, so you have to give people those problems to solve.
The basic formula for building an important company: very low NPS scores, highly fragmented, where you vertically integrate in a simplified solution. This is the common denominator between Open Door, Square, and Uber.
“I think one day everybody’s going to understand that most human problems come from lack of sleep”
We Forget Most of the Books We Read because we don’t revisit the content. The “forgetting curve” is steepest during the first 24 hours after you learn something. So, re-read what you’ve read within the next day to actually remember it!
Weekend Thought
In lieu of children, Millennials get to name their conference rooms.