Checkers (Execution) and Chess (Strategy)
You have to be a tactical animal to survive, so that you can become a strategic leader to win.
You have to be a tactical animal to survive, so that you can become a strategic leader to win.
I used to think this job was 90% picking. Now I realize the algorithm is far more complex.
The tragedy is that M&A is a test you only get to take once.
We know the pattern, yet we repeat it because the fear of missing the category-definer outweighs the fear of overpaying.
I have a few favorite sayings in business, but this is the one I find myself constantly trying to disprove.
If you are a founder staring at a term sheet with a dizzying valuation, I am urging you to do one specific piece of diligence before you sign.