I’ll never forget that lesson on ethics — taught by one of my favorite grad school professors, Irv Grousbeck. A business manager is asked a tough question. She has the choice to reply without technically lying, but leave out important details and not be fully transparent. It’s the type of response that leaves you with…
Category: Startups
Your Board as a Braintrust
As a startup founder, one of your most important tasks toward long-term success is building a supportive board of directors. However, a supportive board doesn’t just cheer you on — it operates as a brain trust. Ed Catmull, former CEO of Pixar, delves into this concept in his book Creativity, Inc.: One of Pixar’s key mechanisms…
Public.com: One simple UX choice. A massive behavioral finance opportunity.
Public recently announced a massive new funding, and along with it, a commitment to drop payment for order flow. This is a bold decision and sets Public apart from Robinhood and most other brokers, who generate significant revenue from payment for order flow. Instead, Public will rely on tips from its customers to generate some of its revenue….