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Dan Rose
@DanRose999
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chairman coatue ventures / 20 years at facebook and amazon
metaverse
Joined April 2007
Thanks @patrick_oshag this was a lot of fun!
My conversation with @DanRose999 Dan helped build Amazon and Facebook in the early days of each, and is now the chair of Coatue Ventures He has as many good business stories as anyone, and he shares many of them with us here Enjoy!
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Great comms advice for founders from my partner @carynm650
Mark Zuckerberg has always been good at communicating big moments: Mobile, Messaging, Video, AI, and recently Free Expression. Whether you like or hate the actual news, the framework for these big announcements is worth looking at. I worked with Mark Z for 8+ years running comms at Facebook - and I got a ton of qs about it. So I put together a “big moment” communication framework called S.W.I.M.
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I've been on Choco's board for 5 years, watched them survive near-death during covid and now thrive with AI. Also clear @DanielKhachab and @HarryStebbings really enjoyed each other in this conversation which makes it a fun listen
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RT @keithpeiris: Your inbox is full of AI-generated sales emails that you don’t care about. Especially in enterprise, you can’t afford to m…
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My favorite quote has always been from Joseph Campbell who advised his students to "follow your bliss." I printed this on my badge at Facebook, and I've tried to live my life by it. I like it because it's not deterministic, only you can decide what brings you bliss and whether you're following it. My son @Ecrose29 sent me PG's essay and asked me whether this is good advice for young people or maybe more relevant as you get older. I started down this path early in my career, but I made sure to zoom way out. After college, I followed my bliss into a job working for a personal growth company called Life Mastery. That led me to curiosity about starting my own business, which led me to the internet where so many start-ups were happening in the late 90s. This led me to a realizing what I really cared about was inspiring people to work towards a higher purpose and helping them enrich themselves financially. I originally thought I had to start my own business to do this, but I came to realize I could have a bigger impact working for someone on a larger opportunity than working for myself on a smaller one. I also realized I was better at scaling things than starting things. Early on, I thought I could follow my bliss into any type of business, as long as I was leading and inspiring people. This mistake caused me to nearly leave Amazon when a friend asked me to join his furniture start-up. Thankfully, I realized part of my bliss was to work on products I loved. I loved reading books so I worked on the Kindle. I was interested in sociology so I worked on Facebook. Later, I wanted to learn about investing and move from player to coach, so I joined Coatue. I got lucky these companies became so successful, but I also created my own luck by following my bliss. I also followed my bliss into a functional career in partnerships and business development. I was always interested in the Buddhist concept of the "middle way," which fits my personality and happens to apply nicely to negotiations. I'm good at seeing both sides, finding healthy compromises, and being unemotional in pursuit of a win-win outcome. So I became proficient at a skill set that was valuable and somewhat rare in business, and I worked hard at excelling in it. I no doubt have selection bias, and I definitely got extremely lucky. But I believe I still would have had a successful and enjoyable career even if I hadn't gotten so lucky, because I followed my bliss. More on this here: Also, Joseph Campbell's biography inspired me early in my career
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13 years debating strategy with Zuck, he always chose the hardest path. I admired his willingness to stake out extreme positions, and I believe he respected me for trying to find the middle way. Me: "Our platform strategy isn't working on mobile, let's focus our resources on other things" Zuck: "We need to keep banging our head against the wall until something works, I will never give up on this" Me: "We're winning on mobile, let's double down on what's working" Zuck: "We're out of position strategically on mobile, boxed-in by competitors who want to kill us" Me: "Let's not antagonize our partners when they have more leverage than us" Zuck: "We can't let them push us around, we need to build muscle for the coming war" Me: "Let's negotiate a compromise that works for everyone to get this done" Zuck" "I'll give you more time, but if your approach doesn't work I'm pushing the nuclear button" Me: "The ultimate goal of life is to find happiness" Zuck: "I'm not trying to be happy, I'm optimizing to win" "Progress Through Suffering" isn't just a Latin phrase on a tee shirt, it's truly a philosophy of business and life.
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@GaryWoodland @PUMAGolf @cobragolf @Troon @CDWCorp @Breitling @securitybenefit @NetJets @Titleist You're an inspiration
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