I loved your reference to Accel's Prepared Mind principle, so I dug into to one of Rich Wong's interviews. Apparently Louis Pasteur brought this up in a lecture in France in 1854 - "In the fields of observation, chance favors only the prepared mind".
Hey Kyle- I absolutely love your writing (and cite it almost weekly) and what you are doing at Contrary. I'd love chat if you are willing. Perhaps we can collaborate on deal flow, compare notes, etc. What do you think?
So much of the “wisdom” I’ve heard in my young career as an investor revolves around the idea of cynicism being one of the most important guiding principles to early-stage investing. It’s never sat well with me, particularly given my own internal aspiration to take an optimistic approach to life. It’s refreshing to read a nuanced perspective that argues for optimism. It’s obviously critical to really dig in and do your homework in order to get comfortable with downsides, but we shouldn’t let the pursuit of downside risk handicap us from getting excited enough to do the homework necessary to see true upside. Loved this one Kyle!
Great post that has me thinking in a lot of directions. I restacked it, but not sure if you can see that. Thank you for sparking some great thought processes for me!
Wow. This took me through a deeply introspective journey of my own self discovery as an innovator trying to understand where I make my highest and best contribution in the world. What a great touchstone this is for measuring one’s courage to be an optimist. Thank you Kyle.
Thanks for this salve for the innovators soul.
I loved your reference to Accel's Prepared Mind principle, so I dug into to one of Rich Wong's interviews. Apparently Louis Pasteur brought this up in a lecture in France in 1854 - "In the fields of observation, chance favors only the prepared mind".
Great example of how wisdom endures
Hey Kyle- I absolutely love your writing (and cite it almost weekly) and what you are doing at Contrary. I'd love chat if you are willing. Perhaps we can collaborate on deal flow, compare notes, etc. What do you think?
So much of the “wisdom” I’ve heard in my young career as an investor revolves around the idea of cynicism being one of the most important guiding principles to early-stage investing. It’s never sat well with me, particularly given my own internal aspiration to take an optimistic approach to life. It’s refreshing to read a nuanced perspective that argues for optimism. It’s obviously critical to really dig in and do your homework in order to get comfortable with downsides, but we shouldn’t let the pursuit of downside risk handicap us from getting excited enough to do the homework necessary to see true upside. Loved this one Kyle!
Great post that has me thinking in a lot of directions. I restacked it, but not sure if you can see that. Thank you for sparking some great thought processes for me!
Wow. This took me through a deeply introspective journey of my own self discovery as an innovator trying to understand where I make my highest and best contribution in the world. What a great touchstone this is for measuring one’s courage to be an optimist. Thank you Kyle.