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Curation Businesses
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Many hard problems have a ratio of about 98 points of generic execution to 2 points of domain expertise, but most organizations hire on something like 20 points of weighting to horsepower versus 80 points to expertise. This is predictable and exploitable. twitter.com/david_perell/s…

Universities, Incubators, and Venture Capital firms are really “Curation Businesses.”