Venture Beyond with Trevor Loy

Venturing beyond the conventional wisdom about venture capital investing, entrepreneurship, flyfishing, and life.
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The Day Ross Perot Gave Steve Jobs $20m. Fremont, California, 1986. Jobs was a consummate showman who understood the power of a compelling setting. This was never more apparent than at this incongruously formal lunch he hosted for Ross Perot and the NeXT board of directors in the middle of the abandoned warehouse he planned to turn into the NeXT factory. Perot, who was then championing a movement to reform education in the US, was blown away by the presentation and invested $20m, becoming a key board member and giving NeXT a crucial lifeline.

(via Secrets of Silicon Valley )

newyorker:

This chart, John Cassidy writes, “goes a long way toward goes a long way toward explaining why Washington politics are so dysfunctional.”

Investing is not a game where the guy with the 160 I.Q. beats the guy with the 130 I.Q. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble.
Warren Buffett,
as quoted in “The Mental Virtues,” David Brooks’ excellent NYT Column on developing intellectual and emotional virtues as an information age worker. Read the full article here.
Collaboration may be a virtue, but Cook insists it’s more of a strategic imperative. Aligning thousands of employees is crucial now that “the lines between hardware, software, and services are blurred or are disappearing,” he says. “The only way you can pull this off is when everyone is working together well. And not just working together well but almost blending together so that you can’t tell where people are working anymore, because they are so focused on a great experience that they are not taking functional views of things.”

mindfulstartups:

Dan Harris: Hack Your Brain’s Default Mode with Meditation

There is always an enormous temptation in all of life to diddle around making itsy-bitsy friends and meals and journeys for itsy-bitsy years on end … I won’t have it. The world is wider than that in all directions, more dangerous and bitter, more extravagant and bright.
Annie Dillard (via mindfulstartups)

Gurley is definitely right, but the key question is not whether but when. Greenspan’s “Irrational Exuberance” comment was 1996. Timing has an awful lot to do with the outcome of a rain dance. :-)

mindfulstartups:

Dan Harris: Hack Your Brain’s Default Mode with Meditation

In thinking, keep to the simple. In conflict, be fair and generous. In governing, don’t try to control. In work, do what you enjoy. In family life, be completely present. When you are content to be simply yourself and don’t compare or compete, everybody will respect you.
Lao-tzu