Why Startups Occasionally Act Like Sociopaths
Power Law Distribution - A Glimpse into a VC Fund Perhaps the most enlightening lecture about startups I ever attended was class 7 in Peter Thiel’s CS183. In it, Thiel outlined the basics of what a VC firm does, with a particular emphasis on what the graphs must look like in order for a VC firm to come out ahead in any given fund. These words in particular have stuck in my mind for years since I heard him utter them:...