#19- On my reading list

Interesting stuff I'm reading today morning

Ann Miura-Ko’s framework for building a startup

TL;DR- Ann looks for two key breakthroughs for investing in a startup - inflection insight, and product-market fit. She categorizes the two steps as value-seeking and growth-seeking.

Sara Blakely: How to build a successful business?

TL;DR- Sarah, was once the youngest self-made billionaire, and is the founder of Spanx. She shares her tips on coming up with your ‘best ideas’ and starting a successful business. Some of her tips include - solving a problem, carving out thinking time, starting by taking a leap of faith, and the road to failure is the one without trying.

The meeting that showed me the truth about VCs

TL;DR- Most VCs are failures! They won’t even return capital to their LPs. Success in VC means an IRR of 12% for the tenure of the fund - are VCs truly successful as they look?

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