The plan was to paint just ONE beam to bounce light. But DOT crews misunderstood, assumed the design team loved purple, and painted the entire highway.
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If we wait for the financing, sometimes the timing of a project just doesn't ever materialize. And I watched so many things, great ideas die on the vine and I didn't really want that to keep happening.
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The best companies we've invested in, the founders had a point of view about the world that was different from consensus, and they were right. And the hardest part of venture is that you can have a non-consensus view and be wrong, or you can have a consensus view and be right, but only the non-consensus and right leads to the outlier returns.
Eric Vishria — Invest Like the Best with Patrick O'Shaughnessy
Most of us think we know what our partners want, but research shows we're often wrong. We assume our partners' needs mirror our own, a bias psychologists call 'egocentric projection.' The result is that we give our partners what we would want, rather than what they actually need.
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