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INFLECTION News Issue #3 - Humility, Retirement, & The Exit You Didn't Hear About

Welcome to INFLECTION News, where we share top articles, tweets, and opportunities for profitable com
INFLECTION News Issue #3 - Humility, Retirement, & The Exit You Didn't Hear About
By Frank Denbow • Issue #3 • View online
Welcome to INFLECTION News, where we share top articles, tweets, and opportunities for profitable companies. If you find this newsletter helpful, would you pass it along to one friend who would benefit from reading this? Subscribe for future editions here.

INFLECTION Updates
Adam Schwartz of Teepublic at our INFLECTION Fireside event
Adam Schwartz of Teepublic at our INFLECTION Fireside event
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News & Commentary
These Mother-And-Son Entrepreneurs Went From Selling Soap On Harlem Streets To An $850 Million Fortune
John Bogle, who founded Vanguard and revolutionized retirement savings, dies at 89
Top Tweets
Ryan Caldbeck
So important that a team member at a startup can ride the emotional ups and down. And so so hard to screen for it.

Have you found any good ways in the interview to identify that ability to ride the roller coaster? (other than prior startup experience of the candidate)
Andrew Wilkinson
Venture Math that most people don't think about:

$1BN startup valuation = total cash injected by investors x 1-2x in liquidation preference. If private equity is in the mix, then likely more onerous terms like accruing preference.
James Clear
Real wealth is not about money.

Real wealth is:
-not having to go to meetings
-not having to spend time with jerks
-not being locked into status games
-not feeling like you have to say “yes”
-not worrying about others claiming your time and energy

Real wealth is about freedom.
Danielle Morrill
If you could tell me to read just ONE book before becoming a founder again, what would it be and why?
Tactical Guides
Things Every Founder Should Know About Growth with Julian Shapiro of Bell Curve
Intellectual humility: the importance of knowing you might be wrong - Vox
Here are 380 Ivy League courses you can take online right now for free
Opportunities
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Frank Denbow

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