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A Sea Change of Mass Cognition

16 snips
Jul 13, 2024
Mike Maples, Jr. is a co-founding partner at Floodgate and the author of "Pattern Breakers." He shares insights on spotting visionaries and the need for bold thinking in entrepreneurship. Listeners learn about Maples' missed opportunity to invest in Airbnb and how inflection points can redefine industries, like ride-sharing. He discusses whether AI's future will be shaped by established companies or innovative startups, emphasizing the balance of risk and innovation in business decisions.
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INSIGHT

Startup Capitalism vs. Corporate Capitalism

  • Startup capitalism differs from corporate capitalism by focusing on changing the subject.
  • It creates value by breaking patterns, not compounding persistent advantages.
ANECDOTE

Marc Andreessen and the Mosaic Browser

  • Marc Andreessen, while a student, built the Mosaic browser to make the internet more useful for himself.
  • This act of solving personal barriers in technology led to a revolution, demonstrating how living in the future can generate innovation.
ADVICE

Investing in Pattern Breakers

  • Invest in founders with pattern-breaking ideas and the ability to act radically differently.
  • Look for those who can convince others, overcome skepticism, and fight unfair resistance.
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