critical mass | Wall Street Financier: Notes from High Altitude© https://wallstreetdealmaker.com He who makes a beast out of himself gets rid of the pain of being a man. Thu, 08 Jul 2021 19:25:47 +0000 en-US hourly 1 https://i0.wp.com/wallstreetdealmaker.com/wp-content/uploads/2018/12/pitbullgif.gif?fit=32%2C22&ssl=1 critical mass | Wall Street Financier: Notes from High Altitude© https://wallstreetdealmaker.com 32 32 155119938 The Law of Attraction: Fact or Fiction ? https://wallstreetdealmaker.com/2020/12/the-law-of-attraction-fact-or-fiction/ https://wallstreetdealmaker.com/2020/12/the-law-of-attraction-fact-or-fiction/#respond Tue, 22 Dec 2020 07:58:59 +0000 https://wallstreetdealmaker.com/?p=2339 I watched this short-film documentary of same title produced by James Jani and I thought I should wander into this spectacle. When you have 25 minutes, you should watch it too, it’s at the end of the post. (the video has attracted over 100,000 views in one day since released… … Continue ReadingThe Law of Attraction: Fact or Fiction ?

The post The Law of Attraction: Fact or Fiction ? first appeared on Wall Street Financier: Notes from High Altitude©.]]> I watched this short-film documentary of same title produced by James Jani and I thought I should wander into this spectacle. When you have 25 minutes, you should watch it too, it’s at the end of the post. (the video has attracted over 100,000 views in one day since released…

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The post The Law of Attraction: Fact or Fiction ? first appeared on Wall Street Financier: Notes from High Altitude©.]]> https://wallstreetdealmaker.com/2020/12/the-law-of-attraction-fact-or-fiction/feed/ 0 2339 Reader Q&As with Max Cantor https://wallstreetdealmaker.com/2020/09/reader-qas-with-max-cantor/ https://wallstreetdealmaker.com/2020/09/reader-qas-with-max-cantor/#comments Tue, 29 Sep 2020 19:22:43 +0000 https://wallstreetdealmaker.com/?p=2269 We’ll be devoting today’s post to answering your questions. The questions come in all shapes and sizes. I selected those questions I consider to be asked by many, or as many, other readers as well. Reader Cornelius asks What is the ideal age of the women you should date ? … Continue ReadingReader Q&As with Max Cantor

The post Reader Q&As with Max Cantor first appeared on Wall Street Financier: Notes from High Altitude©.]]> We’ll be devoting today’s post to answering your questions. The questions come in all shapes and sizes. I selected those questions I consider to be asked by many, or as many, other readers as well.

  1. Reader Cornelius asks What is the ideal age of the women you should date ?

Answer: There is no set age, at least not in my book. Young guys (20s) will gravitate towards women who are their age or slightly older. However, the formula that’s most widely used and accepted is dividing your own age by two and add a seven to it. So, if your 40 years old, 40/2 + 7 = 27. Your best bet is a woman aged 27 (or around that). But if you’re really in good shape, I say just halve your age.

2. Reader Clark asks: I’m a founder of a tech startup (medical field). How can I get some information on the investors in my field. I need to know who is reliable and truthful to his word.

Answer: Your best bet is to go to this website, VCguide where founders review anonymously fund & investor partners (NPS reviews). Lots of people use it, and I believe it is updated monthly.

3. Reader Paul says: I’m going through a divorce and a layoff. It’s tougher than nails. What would you do ?

Answer: Paul, obviously there no short and easy answer. As I had pointed out many times in this blog, you must take forget about getting married again -you don’t want to fall into that trap. Be a man. 395 articles on this blog in 7+ years should help you on your quest. It is never too late to start over.

4. How many people should I have on my team, asks Sean. Sean is a founder of his own SaaS company.

Sean I don’t know what stage your company is at, specifically which funding stage. SenovoVC has a post on it. Hope it help

“On the founder / MD level, the roles and responsibilities shall move into three classical C-level roles, namely Chief Revenue Officer (CRO), Chief Technology Officer (CTO) and Chief Operating Officer (COO including the financing responsibility)…”

SenovoVC

Keep them questions rolling people…I’ll add more to this post. if there are more than 10 questions, I’ll make a separate post.

https://youtu.be/eu1by5-BpTA

Note: I realize I said there were going to be 10 questions while I have only 4 up so far, please bear with me since this is an open post ! Thanks.

5. Best video for flexibility training no – equipment needed. This is related to a question I got on fitness routines recommendations.

The post Reader Q&As with Max Cantor first appeared on Wall Street Financier: Notes from High Altitude©.]]> https://wallstreetdealmaker.com/2020/09/reader-qas-with-max-cantor/feed/ 2 2269 On network effects and critical mass https://wallstreetdealmaker.com/2018/08/on-network-effects-and-critical-mass/ https://wallstreetdealmaker.com/2018/08/on-network-effects-and-critical-mass/#respond Sat, 11 Aug 2018 22:30:00 +0000 http://wallstreetdealmaker.com/index.php/2018/08/11/on-network-effects-and-critical-mass/ There are some very good points in Tren Griffin’s article reprinted on Andreessen Horowitz’s website Two Powerful Mental Models: Network Effects and Critical Mass in 2016. The article discusses how some network effects are weak while others are strong. There’s the example of Friendster, a social network that existed before … Continue ReadingOn network effects and critical mass

The post On network effects and critical mass first appeared on Wall Street Financier: Notes from High Altitude©.]]> There are some very good points in Tren Griffin’s article reprinted on Andreessen Horowitz’s website Two Powerful Mental Models: Network Effects and Critical Mass in 2016. The article discusses how some network effects are weak while others are strong. There’s the example of Friendster, a social network that existed before Facebook and before MySpace.

“the strength of network effects is not just determined by the number of participants in a network.” -citing a study by Andrew Odlyzko

There’s an examination of why Friendster failed: “the bonds linking the network were loose.”

Why did the VHS tape won over the Sony Betamax back in the 70’s and 80’s in the home VCR market ? VHS got to critical mass before Betamax. VHS recorders and tapes were cheaper.

The author also mentions the apparent reason why Facebook overtook MySpace “Facebook held off monetizing until its moat was secure”.

Thought of the day: “Let’s talk less about the elites and let us become the elites.” -Max Cantor

Griffin gives us 12 quotes about critical mass and 12 on network effects. Read them.

Network effects and critical mass are two -most important- mental models. Charlie Munger hints at 100 mental models in his book, Poor Charlie’s Almanack -one of the books I recommend. However, Griffin says quoting Munger, just a few of those mental models “really carry the heavy freight”. 

What are some of those models we apply in tech and VC, in additions to those two above ?

  • Cumulative effect

  • Bottlenecks and founder effects

  • Parreto Principle (everybody knows that)

  • Inversion

  • Occam’s razor (simplest solution is the best one)

  • Margin of Safety

What are some of your mental models, and how do they help you ? Let me know.


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