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E35: Lessons from 2023

Dec 10, 2023
The podcast discusses the relationship between correlation and causation, the closure of VC firm OpenView, strategies for stress and risk minimization, the importance of conviction and openness to change, predictions for 2024, and a book recommendation about the hedge fund industry.
56:02

Podcast summary created with Snipd AI

Quick takeaways

  • Building their own software platform is not necessary when existing platforms are available to meet their needs.
  • Improving the operating cadence by implementing a clear schedule and rhythm for meetings and decision-making drives clarity, accountability, and alignment within the company.

Deep dives

Shift in perception regarding the need for building a software platform

The speaker had a strong belief that their company needed to build its own software platform, but has since changed their mind. They realized that their company is not a software business, and they don't need to build their own software when there are existing platforms available that can meet their needs.

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