Nick Maggiulli
Loves assets, hates liabilities IG: https://t.co/JIq9FXcGIC
Book Recommendations:
Recommended by Nick Maggiulli
“Buy his book. I already know it's gonna be amazing: https://t.co/LynKsjbt2t” (from X)
by Seth Stephens-Davidowitz·You?
by Seth Stephens-Davidowitz·You?
"Seth Stephens-Davidowitz is more than a data scientist. He is a prophet for how to use the data revolution to reimagine your life. Don’t Trust Your Gut is a tour de force—an intoxicating blend of analysis, humor, and humanity.” — Daniel H. Pink, #1 New York Times bestselling author of When, Drive, and To Sell Is Human Big decisions are hard. We consult friends and family, make sense of confusing “expert” advice online, maybe we read a self-help book to guide us. In the end, we usually just do what feels right, pursuing high stakes self-improvement—such as who we marry, how to date, where to live, what makes us happy—based solely on what our gut instinct tells us. But what if our gut is wrong? Biased, unpredictable, and misinformed, our gut, it turns out, is not all that reliable. And data can prove this. In Don’t Trust Your Gut, economist, former Google data scientist, and New York Times bestselling author Seth Stephens-Davidowitz reveals just how wrong we really are when it comes to improving our own lives. In the past decade, scholars have mined enormous datasets to find remarkable new approaches to life’s biggest self-help puzzles. Data from hundreds of thousands of dating profiles have revealed surprising successful strategies to get a date; data from hundreds of millions of tax records have uncovered the best places to raise children; data from millions of career trajectories have found previously unknown reasons why some rise to the top. Telling fascinating, unexpected stories with these numbers and the latest big data research, Stephens-Davidowitz exposes that, while we often think we know how to better ourselves, the numbers disagree. Hard facts and figures consistently contradict our instincts and demonstrate self-help that actually works—whether it involves the best time in life to start a business or how happy it actually makes us to skip a friend’s birthday party for a night of Netflix on the couch. From the boring careers that produce the most wealth, to the old-school, data-backed relationship advice so well-worn it’s become a literal joke, he unearths the startling conclusions that the right data can teach us about who we are and what will make our lives better. Lively, engrossing, and provocative, the end result opens up a new world of self-improvement made possible with massive troves of data. Packed with fresh, entertaining insights, Don’t Trust Your Gut redefines how to tackle our most consequential choices, one that hacks the market inefficiencies of life and leads us to make smarter decisions about how to improve our lives. Because in the end, the numbers don’t lie.
Recommended by Nick Maggiulli
“Of all the things going on with crypto/web3, I am most bullish on decentralized autonomous organizations (DAOs). There is this great book called "Slicing the Pie" on how to divide equity fairly in the early days of a startup and I could see DAOs using that structure.” (from X)
by Mike Moyer·You?
by Mike Moyer·You?
AUTHOR'S NOTE: Slicing Pie is very popular, but I encourage you to check out The Slicing Pie Handbook. It is the same concept as Slicing Pie, but newer with more content and a better overall description! -Mike Moyer You and a partner go into business together and split the equity 50/50. You do all the work and your partner slacks off. He owns half your business- now what? Slicing Pie outlines a process for calculating exactly the right number of shares each founder or employee in an early stage company deserves. You will learn:How to value the time and resources an individual brings to the company relative to the contributions of othersThe right way to value intangible things like ideas and relationshipsWhat to do when a founder leaves your companyHow to handle equity when you have to fire someoneImportant issues to discuss with your lawyerMuch moreResearch shows that dynamic equity split models, like the one outlined in Slicing Pie, is the best way to avoid conflicts as the company grows. The new and improved Version 2.3 contains updated information about legal issues, idea valuation, retrofitting and much more!