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Combining two uncommon skills, such as engineering and marketing, can make you highly valuable and increase your chances of success.
Combining two money-making skills, like Steve Jobs did with designing and selling, can lead to extraordinary success.
We have the sense of stewardship, but you have to leave the partnership in a better place than you found it. Don Valentine didn't call it Valentine Ventures when he started it. He handed the partnership over to a next generation with Mike Moritz and Doug Leone and Jim Goetz. And we're now part of a third generation, our team currently running the partnership.
Barry Diller's approach to compensation focuses on risk and reward, providing opportunities for people to create real wealth based on their contributions.
Barry Diller's approach to compensation focuses on risk and reward, allowing people to create real wealth based on their contributions.
Wealth is like the Galapagos Islands. Rich people only encounter other rich people, and it creates a completely different worldview.
The talent game in Silicon Valley is competitive, with top talent being highly sought after, and companies need to connect with their mission to attract the best people.
Ed Stack's experience with venture capitalists taught him that sometimes the most profitable decision on a spreadsheet is the worst decision for a business, as customer needs must come first.
The statement 'you're the average of the five people you spend the most time with' highlights the importance of surrounding yourself with successful individuals.
Daniel Ek values people who have one great idea, even if it comes with many bad ones, as those rare ideas can be transformative.