My name is Kris Nair and I'm an entrepreneur turned venture capitalist turned business-designer.
My work moves around the intersection of technology, design, architecture, venture capital, psychology, economics and applied physics. I work with startups and large corporations on business design and future design.
In my work, it starts with ideas. It starts with design. It starts with writing. It starts with strategy.
In my work, It starts with getting started.
Those who travel with the current will always feel they are good swimmers; those who swim against the current may never realize they are better swimmers than they imagine.

Shankar Vedantam’s book The Hidden Brain: How Our Unconscious Minds Elect Presidents, Control Markets, Wage Wars, and Save Our Lives (public library) explores. 

In the introduction, Vedantam contextualizes why this phenomenon isn’t new but bears greater urgency than ever:

Unconscious biases have always dogged us, but multiple factors made them especially dangerous today. Globalization and technology, and the intersecting faultlines of religious extremism, economic upheaval, demographic change, and mass migration have amplified the effects of hidden biases. Our mental errors once affected only ourselves and those in our vicinity. Today, they affect people in distant lands and generations yet unborn. The flapping butterfly that caused a hurricane halfway around the world was a theoretical construct; today, subtle biases in faraway minds produce real storms in our lives.

Most people come hard wired (trained by society) that if they don’t do the things they told everyone they do, like if they don’t come out amazing and shiny, they think everybody is going to be mad at them. Everybody is like that.

— things that kill innovation in India is not a technology problem. It is a social problem. 

The purpose of life is not to raise venture capital. Not raising venture capital doesn’t make you a failure. And the purpose of venture capital is not to reward the clever or the good. It’s to (say it with me!) redeploy resources from a lower- to a higher-performing asset class.

Get Over Your Intimidation of Splitting Co-Founder Equity

Discovered this Founder Institute link through the Foundora newsletter & it is interesting because it gives a tool to fix one of the most intimidating tasks in starting a company: Spliting Co-Founder Equity. 

The standard method (I learned after some hit and miss) is to split equal, but it really won’t work when your co-founder joins your startup idea much later, say post prototype. I used to be a bitch when it comes to protecting equity, partially because of some bad tasting experiences in the past. I have messed up some good relationships, and learned tons from it. 

Anyway - here is the link, and download the .xls sheet, play around, and happy startup. 

Read the post here; and here is some intro copy+paste

It’s been well-documented that deciding to take on a co-founder can be a fruitful choice, improving the business prospects for many entrepreneurs. However, if one does partner up, there is one intimidating hurdle that must be overcome: Figuring out how to split equity. For those having trouble with this, Al Bsharah,(co-founder of Embarke) has one simple piece of advice: “Get over it.”

Suppose you develop a new technology that is valuable to some industry. The old approach was to sell or license your technology to the existing companies in that industry.

The new approach is to build a complete, end-to-end product or service that bypasses existing companies.

Andreessen Horowitz’s Chris Dixon, Balaji Srinivasan and Benedict Evans discuss the reasons behind, and advantages of, going “full stack.”

Steve Jobs on the disease of believing that 90% of the work is having a great idea
{thanks mitensampat}

Steve Jobs on the disease of believing that 90% of the work is having a great idea

{thanks mitensampat}

  • Yuri Orlov: You read the newspapers, Vit?
  • Vitaly Orlov: Newspaper? It's always the same.
  • Yuri Orlov: You're right. Every day there's people shooting each other. You know what I do when I see that? I look to see what guns they're using and I think to myself, why not my guns?
There is a thing that sometimes happens in rowing that is hard to achieve and hard to define. Many crews, even winning crews, never really find it. Others find it but can’t sustain it. It’s called ‘swing.’ It only happens when all eight oarsmen are rowing in such perfect unison that no single action by any one is out of synch with those of all the others….Poetry, that’s what a good swing looks like.

Daniel James Brown, The Boys in the Boat

A moment of silence for anyone whose company sold for hundreds of millions of dollars today.

jakelodwick 

(Source: nav-chatterji)