#Tw_naval

The success formula: solve your own problems and freely share the solutions.

China may be leaving Bitcoin, but China also left the free Internet.

If you want to bet with the Internet, bet against institutions.

The less scheduled you are, the more creative you’re going to be.

Be conservative in your behavior, be liberal in your tolerance.

Startups shouldn’t worry about how to put out fires, they should worry about how to start them.

1) Invent a vaccine or successful therapy for the coronavirus.

2) Buy call options on the stock market.

3) Announce the breakthrough, and give it away for free.

“We’re going to invent a cure and make Wall Street pay for it.”

Any discipline or institution whose output is to tell people how to think and behave eventually gets co-opted and corrupted.

Only disciplines and institutions whose output tells us how to manipulate nature, tools, and systems can stay objective.

Founder-mentality means not caring who gets the credit.

Joe Rogan Experience #1309 - Naval Ravikant https://youtu.be/3qHkcs3kG44

The most valuable startup of the last decade didn’t raise money, didn’t have employees, gave away the cap table, and let anyone invest.