I remember being on a spacewalk and had a few seconds to see a view that humans were not meant to see. It was like I was hearing from God. But then, I had to get back to work.
— Terry Virts NASA Astronaut & International Space Station CommanderThe brand must not only convince prospective customers and draw them to the brand but also be deeply believed in by the employees and other stakeholders of the company. We say that for the brand to work, employees must live the brand promise.
Out of all the startups that approach investors, less than one percent will secure funding. If you don't grasp this reality, you'll struggle to successfully raise capital. It's a critical point. Many first-time entrepreneurs don't comprehend this 1% ratio, but it's not about them—it's about the investors' selection process.
Most fundamentally, the subprime bubble was created by- a surfeit of global liquidity due to large current account surpluses in China and other emerging economies and easy global monetary policies; a flawed private mortgage securitization process that funnelled the liquidity into poorly underwritten mortgage and other loans; and weak regulatory oversight that failed to catch and rectify the problems in the securitization process.
The potential of wearable health monitoring is enormous, and under appreciated by a lot of society, because version-1 of wearables were – to put it politely – underwhelming. The health care industry spends a lot on curative costs… and if you shift the curative to the preventative, you can save a tonne of money and have better outcomes.
The venture capital industry exists to get capital in the hands of deserving entrepreneurs, but the data tells us that venture capitalists often have only a narrow definition of what 'deserving' means—and it often corresponds to being white and male.
We have a growing inequality of rationality. At the top, we've never been so rational – we've accomplished technological miracles, sequenced the COVID-19 genome in days and deployed vaccines in under a year. At the same time, we have pizzagate, QAnon, chemtrails and 9/11 truthers.
World poverty has been reduced significantly- and whilst everyone seems to think the world is getting more impoverished, this simply is not the case. Scientific cooperation has improved too, and this has allowed significant advances in global health.
I use the word repugnance to describe transactions that some people would like to engage in, that other people would not like them to; it's often hard to pin-down what harm the transaction does to anyone else.
There's this wonderful intersection where I've personally felt successful for quite some time. I truly believe I'm living out my purpose. It reminds me of the saying, 'remember the time you wished for the things you have now.' I'm living that dream.
We scrutinise a photograph with a sense that we are scrutinising the actual objects themselves, although they are distanced from us in time and space.
There simply isn't enough creativity and bandwidth at the top to deal with the level of complexity and change in today's world. In bureaucratic structures, a small group of leaders can hold the organization's capacity to change hostage to their own personal willingness to adapt.
Legendary artists are not one hit wonders. They have staying power, they've been there for years, decades, generations. Like Beyoncé. After we recorded 'If I Were A Boy', she sat down on the couch with me and was extremely loving, nice, and wanted to know about my family and how I feel about things.