Boris Wetrz: “Everyone (investors and founders alike) has underestimated the size of the addressable market for tech over the past decade. The pandemic has reset these expectations over the past 18 months, leading to huge increases in valuations for both public and private tech companies. The most important take-away for me, however, is that increased returns will attract more capital to venture as an asset class (which is still only a fraction of the size of other asset classes like private equity).”
Advice from Ruby McGregor-Smith: “Build your team with people who have the expertise you lack. Don’t stay in the top job too long. A decade is enough. Practise what you preach with actions rather than ‘nice words’ in an employee handbook.”
Atanu Dey: “Modern day slavery though not as crude or outright as in the past is nevertheless very real. The modern slave masters are called “the government” or “the state.” The government dictates through laws, rules and regulations what the individual is permitted to do and what is prohibited. Licenses and permits abound. Modern day slavery involves the taking of less than 100% of the individual’s income or property by the government. Some governments take only half of an individual’s income, and therefore the individual is only 50% slave, and 50% free. Curiously, modern day slavery survives for the same reason that full-blown slavery survived for nearly all of human existence: it was accepted and considered the norm. People saw nothing wrong about full-blown slavery then; now people see nothing wrong about partial slavery.”
