Good Reads: Startup Stuff, mostly
How to Stand the Test of Time as a Startup. Here by Glenn Solomon.
- Founders are actually “momentum managers in chief”
- Learn to live on the cash that you do have
- Hitting rock bottom can be a blessing in disguise
Different Kinds of BS. There are three important facts about bullshit: It’s everywhere, it’s influential, and it’s dangerous. Here from Morgan Housel.
Bullshit can go unnoticed because people are more concerned with lies. Lies, once spotted, are unmistakable and their damage is obvious. But bullshit stops just short of a lie, mixing the integrity of the truth with the deceit of a lie in a way that leaves both the bullshiter and his recipient feeling satisfied.
If a company tells investors it has $20 million in the bank when it actually only has $10 million, that’s a lie. But if a company tells investors that it’s profitable if you ignore half its expenses, that’s bullshit. And that kind of thing is everywhere, in every industry, every corner of society.
Plastic Recycling Doesn’t Work and Will Never Work. Here. "If the plastics industry is following the tobacco industry’s playbook, it may never admit to the failure of plastics recycling." Pretty self-explanatory.