Some great reads from the internet this week
Best Story Wins
A truth that applies to many fields, which can frustrate some as much as it energizes others, is that the person who tells the most compelling story wins. Not who has the best idea, or the right answer. Just whoever tells a story that catches people’s attention and gets them to nod their heads.
Money Ceiling
The fear that binds us to wealth is the uncertainty of its true role in our lives. Money buys food & security. It need not buy love, confidence and inspiration. Although we often allow it to. Hence the uncertainty. Money can’t buy love, confidence and inspiration – they come from within. Money can buy an elegantly plastered and painted ceiling, but I can wait as long as I need to for that if I have to.
Financing Everything
That come-what-may desire for instant gratification is what point-of-sale loans hope to inspire in us, after all. By decoupling the act of buying from the act of spending, they remove the psychological friction that can force people to stop, consider their choices, and decide whether they can really afford to buy that one fabulous thing. They obliterate the moment in which you might ask yourself if you are a mark.
Jeff Bezos
What is somewhat ironic, though, is that while the Internet is unquestionably a critical component of what makes Amazon Amazon, what makes the company so valuable and seemingly impregnable is the way it has integrated backwards into the world of atoms. Real moats are built with real dollars, and Bezos has been relentless in pushing the company to continually invest in solving problems with real world costs, from delivery trucks to data centers and everything in-between. This application of tech economics to the real world is what sets Bezos apart.
DIY Vaccine
All of the materials and equipment to make the vaccine cost us about $1000. We did not need any special licenses or anything like that. I do have a little wetlab experience from my undergrad days, but the skills required were pretty minimal.
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