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Aug 9 2019

"Whether we like it or not, these people really do control our society"

#93:
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I feel like I talk about online dating a lot on here. But what I have here is fascinating.

Here's data from Tinder for a man (link to Reddit discussion):
That's 27k right swipes for 110 matches and 4 dates!

Now compare that for a woman (link to other Reddit discussion):
3.6k right swipes for 2.4k matches – and then it gets super selective from her.
Should "Product Management" be killed as a role?
An oldie but a goodie: a thread from Amod Malviya on why he has no Product Managers at Udaan.
ज्ञान
🎬  To understand how people look for movies, the video service created 76,897 micro-genres. We took the genre descriptions, broke them down to their key words … and built our own new-genre generator.
🧘‍♂️Someone once called the kanwar yatra a sanskaari Burning Man — and it seems about right, except that this is in a league of its own. Burning Man, the annual event held in Nevada, US, saw around 67,000 people in 2016. In the same year, 20 million kanwariyas journeyed just between Haridwar and Delhi.
🇺🇸Signaling: One of the most important decisions you can make as a VC is what your bio on Twitter is. It’s particularly important for venture capitalists because of a few reasons: In Venture Capital, unlike other asset classes, the “asset” (startups) choose the manager, so being visible and having a large reach is important.
😲These singles are pitch DateMyFriend.ppt takes wingman-ship to a whole new level by letting the best friends of potential suitors pitch their pals’ attributes to a crowd at a bar — via Powerpoint!
“Whether we like it or not, these people really do control our society,”

The Center for Talented Youth, which began in the 1980s was open to young adolescents who scored in the top 1% on university entrance exams.

🤯These "one-percenters" included Terence Tao, Lenhard Ng, Mark Zuckerberg, Sergey Brin and musician Stefani Germanotta (Lady Gaga) – who all passed through the centre.
🕴🏻“Billionaires buy up these companies, make huge profits on our backs, and get away with it because there’s no financial regulation”

Private equity is the financial model in commerce which more than any other defines the Western political landscape.
🤑Berkshire Hathaway has a reach so wide it makes money nearly every time:
  • a plane is flown
  • a car is sold
  • a house is built
  • goods are transported to/from the West Coast
  • an iPhone is purchased
  • a lightbulb goes on in Nevada
  • someone drinks a Coke
  • a french fry is dipped in ketchup
How did we get here?
Make your career great again
Here are a few open roles at well-known, vetted, and promising tech companies:
  • Financial Analyst @ a Series A-C focused VC firm
  • Data scientist @ a Series A funded insurance-tech funded startup
Slide into my DMs if you could be interested.
Other tidbits
Quotable
"“When I look fast, I'm not smooth and I am going slowly. And when I look slow, I am smooth and going fast..”

– Alain Prost

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