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- There is a very sharp dropoff in performance among VC firms, because in the VC business both success and failure are self-perpetuating.
- The disadvantage of taking money from less known firms is that people will assume, correctly or not, that you were turned down by the more exalted ones.
- They are doubly hosed: the general partners themselves are less able, and yet they have harder problems to solve, because the top VCs skim off all the best deals, leaving the lower-tier firms exactly the startups that are likely to blow up
- Neither of the conventional explanations of the difference between wisdom and intelligence stands up to scrutiny.
- A quality that's inborn will obviously be more convenient to work with than one that's influenced by experience, and thus might vary in the course of a study.
- Except instead of being at the mercy of weather and officials, they're at the mercy of their own imagination.
- No amount of discipline can replace genuine curiosity.
- If you try too hard to conceal your rawness—by trying to seem corporate, or pretending to know about stuff you don't—you may just conceal your talent.
- But let's be honest, no one gives a shit about you, or me.
- I've deliberately traded precision for brevity.
- the moment when he was elected a fellow of Trinity College:
- You need two ingredients for a wave of intolerance: intolerant people, and an ideology to guide them. The intolerant people are always there.
- Back in the day (and still, in some places) the punishment for heresy was death.
- There are bound to be dark days and darker nights but you must always remember that nothing lasts forever and in the morning it will be a new day.
- Naturally the law of averages is greatly on the side of your returning to us
- The market is a lot more discerning than any employer. And it is completely non-discriminatory.
- This much , i assume, won't be that controversial. I think it will accord with the experience of anyone who has tried to write about anything nontrivial.
