Founders Library

Steve Jobs on the power of asking for help:

“I’ve never found anybody that didn’t want to help me if I asked them for help.

I just ask.

Most people never pick up the phone & call. And that is what separates the people who do things, versus the people who just dream about them.

You have to act.”

So what’s working today? According to Lazarte, it’s LLM.

“LLM usage has grown 100x in the last two years.

“So the first thing is understanding what's happening today, what's working and then thinking how you can build on top of that.”

(4/4)

Fast forward to 2010: What was working? App companies.

“So in the year of 2000, building an internet company was an amazing thing. In 2010 building any app company was a great thing.”

(3/4)

“So a good heuristic is like - what's working right now?”

That’s exactly how Jeff Bezos started Amazon.“There's that famous story of Jeff Bezos. He was at D. E. Shaw and he saw that the internet was growing like 23x times a year. [So he decided] to make a business on the internet.”

(2/4)

VC Firm Benchmark’s Victor Lazarte on how to find billion-dollar business ideas:

“When people want to start companies, a lot of times they're trying to predict the future. But it turns out it's very hard to predict the future. It's much easier to understand the present.

(1/4)