Inflections

I slept about 12 hours last night. An absolute crash from my red eye flight and my body telling me it needs more rest. I’m feeling pretty darn good today after a week of feeling meh.

I’m currently listening to Mike Maples Jr on Invest Like the Best with Patrick O’Shaughnessy. I’m only through the first bit but it’s a fantastic listen so far. The podcast starts out with Mike discussing inflections and why founders should be looking for inflections not startup ideas.

Mike’s idea behind inflections is that rather than building for the gaps in the world we see today, you want to be looking for inflections which will allow you to build towards the future. Certain inflections such as the rise of smartphones and GPS in smartphones allowed Lyft to change the ride sharing world.

This idea is a big reason why I joined Secfi in 2018. We saw the current world of startup stock options which was broken, and we saw a future where companies were trending to become more employee and equity friendly. We saw an opportunity to shape the future of stock option exercises and liquidity because of this inflection.