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← A founder who does not know their own goal dies by a thousand…
17 connected korrents · 16 moments from 8 Jun 2019 to 18 Sept 2026.
Everything filed under investing
investing
Everything filed under startups
startups
Everything filed under value investing
value investing Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: A founder who does not know their own goal dies by a thousand compromises and ends up running a company they do not want to work at. A founder who does not know their own goal dies by a thousand compromises and ends up running a company they do not want to work at. Last stated 5 months ago
2 Jun 2026
MP
Mark Pincus — holds since 2026-06-02 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A company priced in the trillions is not thereby overpriced; the test is what revenues and margins that price actually requires. — tap to centre the map on it A company priced in the trillions is not thereby overpriced; the test is what revenues and margins that price actually requires. Last stated 11 months ago
3 Dec 2025
AD
Aswath Damodaran — holds since 2025-12-03 — tap for who they are
Same subject: A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. — tap to centre the map on it A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. Last stated 2 months ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: A margin of safety means paying a discount deep enough that being wrong about what a company is worth still leaves you whole. — tap to centre the map on it A margin of safety means paying a discount deep enough that being wrong about what a company is worth still leaves you whole. Last stated 3 years ago
20 Feb 2024
BA
Bill Ackman — holds since 2024-02-20 — tap for who they are
Same subject: A margin only counts while you are still investing heavily, because cutting the investment raises this year's margin and lowers the long-term one. — tap to centre the map on it A margin only counts while you are still investing heavily, because cutting the investment raises this year's margin and lowers the long-term one. Last stated a year ago
16 Jul 2025
JD
Jamie Dimon — holds since 2025-07-16 — tap for who they are
Same subject: A run of correct forecasts is not evidence of expertise, because among many forecasters some are right by chance. — tap to centre the map on it A run of correct forecasts is not evidence of expertise, because among many forecasters some are right by chance. Last stated 4 years ago
9 Aug 2022
GK
Gary Klein — holds since 2022-08-09 — tap for who they are
Same subject: About a dozen holdings captures nearly all the benefit of diversification; going to fifty adds almost nothing. — tap to centre the map on it About a dozen holdings captures nearly all the benefit of diversification; going to fifty adds almost nothing. Last stated 3 years ago
20 Feb 2024
BA
Bill Ackman — holds since 2024-02-20 — tap for who they are
Same subject: Active investing collectively drags down portfolio returns, and the evidence leaves almost no counter-argument. — tap to centre the map on it Active investing collectively drags down portfolio returns, and the evidence leaves almost no counter-argument. Last stated 4 months ago
18 Jun 2026
AD
Aswath Damodaran — holds since 2026-06-18 — tap for who they are
Same subject: A founder needs ambition rather than a sense of duty, because a startup is grueling enough that dutifulness will not carry anyone through it. — tap to centre the map on it A founder needs ambition rather than a sense of duty, because a startup is grueling enough that dutifulness will not carry anyone through it. Last stated 2 months ago
3 Sept 2026
PG
Paul Graham — holds since 2026-09-03 — tap for who they are
Same subject: Ambition in founders is mostly inborn, which is why stories of a founder acquiring it during a batch are rare. — tap to centre the map on it Ambition in founders is mostly inborn, which is why stories of a founder acquiring it during a batch are rare. Last stated 2 months ago
3 Sept 2026
PG
Paul Graham — holds since 2026-09-03 — tap for who they are
Same subject: Building the hardest feature in a product yields disproportionately greater returns than easier ones. — tap to centre the map on it Building the hardest feature in a product yields disproportionately greater returns than easier ones. Last stated 5 months ago
4 Jun 2026
JJ
Justin Jackson — holds since 2026-06-04 — tap for who they are
Same subject: If talent is a founder's top priority, no effort, resourcing or time should stand in the way of it. — tap to centre the map on it If talent is a founder's top priority, no effort, resourcing or time should stand in the way of it. Last stated 2 months ago
9 Aug 2026
AW
Adam Ward — holds since 2026-08-09 — tap for who they are
Same subject: Making something singular, rather than chasing scale, is a powerful differentiator. — tap to centre the map on it Making something singular, rather than chasing scale, is a powerful differentiator. Last stated 7 months ago
29 Mar 2026
EP
Eliot Peper — holds since 2026-03-29 — tap for who they are
Same subject: Spending enough time in San Francisco tends to make people want to start their own company. — tap to centre the map on it Spending enough time in San Francisco tends to make people want to start their own company. Last stated a month ago
18 Sept 2026
CN
Casey Newton — holds since 2026-09-18 — tap for who they are
Same subject: A first-time founder has an advantage over a repeat winner, because past success makes it too easy to raise money and hire against a big vision before there is product-market fit. — tap to centre the map on it A first-time founder has an advantage over a repeat winner, because past success makes it too easy to raise money and hire against a big vision before there is product-market fit. Last stated 4 months ago
14 Jun 2026
MP
Mark Pincus — holds since 2026-06-14 — tap for who they are
Same subject: About 5% is the most common final ownership stake for the founder of a VC-funded startup that works out. — tap to centre the map on it About 5% is the most common final ownership stake for the founder of a VC-funded startup that works out. Last stated 3 months ago
18 Jul 2026
PL
Pieter Levels — holds since 2026-07-18 — tap for who they are
Same subject: Being unable to raise venture capital is not a tragedy for a business. — tap to centre the map on it Being unable to raise venture capital is not a tragedy for a business. Last stated 7 years ago
8 Jun 2019
TG
Tren Griffin — holds since 2019-06-08 — tap for who they are
At the centre
A founder who does not know their own goal dies by a thousand compromises and ends up running a company they do not want to work at.
Holds Read this korrent →
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Holds
A company priced in the trillions is not thereby overpriced; the test is what revenues and margins that price actually requires.
Holds
A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement.
Holds
A margin of safety means paying a discount deep enough that being wrong about what a company is worth still leaves you whole.
Holds
A margin only counts while you are still investing heavily, because cutting the investment raises this year's margin and lowers the long-term one.
Holds
A run of correct forecasts is not evidence of expertise, because among many forecasters some are right by chance.
Holds
About a dozen holdings captures nearly all the benefit of diversification; going to fifty adds almost nothing.
Holds
Active investing collectively drags down portfolio returns, and the evidence leaves almost no counter-argument.
Holds
A founder needs ambition rather than a sense of duty, because a startup is grueling enough that dutifulness will not carry anyone through it.
Holds
Ambition in founders is mostly inborn, which is why stories of a founder acquiring it during a batch are rare.
Holds
Building the hardest feature in a product yields disproportionately greater returns than easier ones.
Holds
If talent is a founder's top priority, no effort, resourcing or time should stand in the way of it.
Holds
Making something singular, rather than chasing scale, is a powerful differentiator.
Holds
Spending enough time in San Francisco tends to make people want to start their own company.
Holds
A first-time founder has an advantage over a repeat winner, because past success makes it too easy to raise money and hire against a big vision before there is product-market fit.
Holds
About 5% is the most common final ownership stake for the founder of a VC-funded startup that works out.
Holds
Being unable to raise venture capital is not a tragedy for a business.
Holds