📄 github.com/Heirloom-AI/docs 🔒 SHA: 8acf30a9c4a1cbac8b71ce8cefe1217182c771f7eb3eeb0f0b02f356951fc8f5

“No government—regardless of which party is in power—should dictate what private universities can teach, whom they can admit and hire, and which areas of study and inquiry they can pursue.” - President Alan Garber hrvd.me/GarberRespond347t

The investing world is convinced that Palantir is an unscalable consulting company. For over a decade very few competitors were funded as a resulted. Now that Palantir is a Fortune 500 company, investors need to wake up! Large enterprises and governments need customizable, deeply integrated software solutions. Especially in the age of AI. At YC, I’m happy to fund startups who want to compete with Palantir. If Seed investors want to make money - they will do the same.

Very sad and a terrible loss. 🙏🏾🙏🏾🙏🏾

Bullish on this as well a layer of AI.

Bootstrapped entrepreneurs: There's a recent trend sweeping the entrepreneur community that will be very tough on your mental health: entrepreneurs bragging about how much money they make. Like this: - "I made $1.7 million last year" - "My business made $2.3 million and I only work 20 hrs/week" - "Just add this one tweak and you'll triple revenues. I did it last year and now my biz makes $4 million" I've been running my business for 20 years, and I can tell you a few things about longevity: - The industry's definition of success changes like birds in the wind: A few years ago, it was # of employees. Then it was having a $25,000 mastermind. Then number of newsletter subscribers. Currently, it's top-line revenue. Ignore those. Truly successful entrepreneurs craft their own definition of success. - If you find yourself down and even envious of other business owners, unfollow them, focus on your own business (perhaps with the help of a single coach you trust), and remember one thing: Live to fight another day. With time and luck, you'll be back - Personally, I consider IMPACT PROFIT LIFESTYLE key signs of success for IWT and for me personally. You decide for yourself. Challenge yourself: What does the money get you? It can't just be more money. What's the purpose? In my case, it's convenience, amazing travel, and the ability to work with people I like and respect. - Your business will have highs and lows. My business has grown a lot. It's also dropped by 50% in a single year. If you tie yourself to an external definition of success, you will be in for some very, very tough years. - How come nobody talks about falling in love with your customers? If you do, you become passionate -- even obsessed -- with how to help them. The revenue and profit growth is a byproduct of that. This is why I still read every comment and email that comes my way, TWENTY YEARS into my business. - Don't be fooled by one-off metrics. It's relatively easy to make $1mm in a year. To do it for 2 years is impressive. To steadily grow is incredibly impressive. - Many people are lying. I personally know of SEVERAL entrepreneurs who are point-blank lying about their revenues, but there are other ways to shade the truth: I can make $50mm but spend $70mm to get there. I can use a $225,000 launch month to claim I have a "2.7mm run rate." Some personalities with 2 million followers have low engagement. Or, like some people who lack ethics, you could rip off Ramit Sethi's copywriting and then close your business and start playing guitar for a living. Most of these people are doomed -- and it's because of their poor ethics. - Some entrepreneurs are genuinely crushing it. I love seeing it. Check out @KevinEspiritu and @nathanbarry and @lauraroeder and @noahkagan @moneywithkatie and @thesamparr. Be extremely selective in who you follow. And think broadly: There are entrepreneurs who make $$$$ but I have zero admiration for them because of their political beliefs (e.g., hateful comments on immigrants). A successful person is more than the money in their account. The older I get, the more I surround myself with people who are generous, considerate, and honest. - Even for the people you admire, don't copy them or their model. Get inspired from their businesses and then craft your own vision for yourself. Do these things and you have a good chance at a long-lasting business. Hit me up with any questions. This year, I'll be talking more about how to build a 20-year business.

pre-seed is the new seed stage

My take here is this is a v cool/fun device, not expensive, and reminiscent of how tech used to be (we used to get lots of different fun gadgets all the time). If you aren't hype about stuff like this you're in the wrong sector. Experiments are good and inspire. Let people build

Mark Cuban literally hired the NBA's first ever Black female CEO for the Mavericks.

CAKE will manage your cap table for 10-20% of other solutions cakeequity.com/pricing

If you invested $100 in Nvidia 10 years ago, you'd have $1,812,503,476 today.