In the face of unprecedented wealth, I'm shocked to discover that most people behave badly. You know, at some level, it's not a surprise. >> Something's broken in the way that we're evolving as humans if everything ultimately reduces to what's in it for me.>> Would you prefer $2 billion in thinking machines unlisted stock with a chance to be amazing or a chance to go burst or $3.5% billion of liquid Facebook stock over the next 5 years. What I'm hearing Rory say is essentially reduce it all to the big VCs. ...

Now, of the 30 most in- demand companies for secondaries, these are the top risers and fallers for the last quarter according to Setter. Shooting up the rankings, Canva rose an impressive eight places to number 12. The online graphic design platform likely benefited from heightened attention following Figma's IPO earlier in the quarter, positioning Canber as a leading independent player in the design software space.Second, we have Crusoe, climbing seven places to number 11. The AI cloud infrastructure compa ...

As a founder, you have to be very self-aware about what it is you actually enjoy. And if you don't enjoy canonically the journey, quote unquote, and the ups and downs of the founder journey, it may not be a journey that you want to be on, right. I think there are a lot of people who want to be founders.It's tough. There's no there's no sugar coating it, right. There are like days, weeks where it's bloody hard and you have to enjoy that.Not not in a sick weird way, just in a this is what you are learning fro ...

Our first shareholder agreement did have actually in there that if we couldn't agree on something, we'd go to a game of scissors, paper, rock, best of three. We never got into any bigger disagreements when that shareholder agreement was actually governing the company. Don't worry, it's a large public company that's no longer in the bylaws, but it was for probably well over a decade.I think we look, we've disagreed over acquisitions. We've disagreed over strategic directions, etc. I've always lived by the ma ...

Financial Impact - UK government stands to lose $8 billion due to Revolut founder moving to Dubai [1] - The founder owns approximately 18% of Revolut [1] - Revolut's valuation is projected to reach $200 billion in the next 3 to 5 years [1] - The founder's position is valued at $36 billion [1] - The UK could have potentially collected $8 to $12 billion in capital gains tax [1] Policy & Talent - The UK is in a global war for talent [2] - Tax policies may hinder growth [2]

Reasonable men live within the boundaries and so you need unreasonable men to change things and move the world forward. One of the only predictions I think I would make accurately is 10 years from now we'll look back and say man you remember that era that was crazy. Most of the things are vastly overvalued.5 years from now we'll have more engineers working for our company than we do today. More software developers working for our companies. We will create far more. They will be more efficient.My favorite qu ...

So there's two things that we screwed up on. Number one, I'm very much like a technical product seller. Like I love a technical product.Snowflake, you know, was super fat and happy being the cloud data warehouse. And I was going to the engineering team and the founders and everyone saying, "Look, I'm diagnosing where the patient, our customers getting sick with data bricks." And really what was happening is every company needed a data science notebook and they need a world-class data science experience. our ...

So I got rid of customer success. Now customer success is the responsibility of the entire company. And so what we found at Snowflake was we built a professional services organization. That professional services organization, we would give away free professional services.Not always free, but we would give some away. And what I found was that if they pay for something, even if you're splitting the cost of it with the customer, a lot of times when they pay for something versus get something for free, they val ...

Company Success Factors - Snowflake 的成功归功于其卓越的产品和良好的市场策略，而非个人 [1] - 行业参与者应避免因个人主义阻碍公司发展 [1]

The wonderful thing about venture is it is the most forgiving equity business of getting the price wrong. PE, if you get the price wrong, they're low variance assets. If you overpay by 50%, you're toast cuz they're 3x assets and they're not going to ever be 7x.Same thing in the public markets, right. The great thing about venture, it has maximum variance, which means that it is the most forgiving of getting the price wrong cuz you have exponential growth on your. ...