“I told them that the chances of success were actually relatively small... we wrote a paper... it's unlikely we're going to be successful. That's true buy-in.”

How I Invest with David Weisburd · E439: Ethan Thornton: The 22-Year-Old Building a $3.7 Billion Defense Company

Play from 4:06
4:06

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

Wrote a one-page paper outlining the low odds of success to get true buy-in from early team members

Said nearby on the same subject

“The only ways to get around it are to raise some money such that you can go full-time… odds are extremely low without traction.”
RW
Rob Walling
Startups For the Rest of Us ·
Business model Share this moment
“Who is subscribing after the event, whether that’s a discount code, how many people are scanning the QR code… to understand the true success”
GM
Gemma Mills JOMO Club
eCommerce MasterPlan ·
Why it worked Share this moment
“Hanson wrote up the academic case for prediction markets generally, invented policy prediction markets, pointed out prediction markets' potential uses in science and governance and corporate governance and pushed for early prediction markets to get started.”
♫
Said on LessWrong (Curated & Popular)
Why it worked Share this moment
“Use AI... eliminate low-value work and create capacity. With that capacity, check in with a team member, call the patient..., mentor your associate, recognize somebody doing great work...”
♫
Said on The Best Practices Show with Kirk Behrendt
How they work Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.