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This piece argues that the core driver of growth-stage venture returns is the founder’s ability to spot and act on non-obvious tech opportunities indefinitely. VCs succeed by finding those rare, high-growth founders, giving them freedom and resources, and staying “in the car” for as long as needed.
This explains how to use a “premortem” prompt with AI—telling it your plan already failed six months later—to force it to list failure scenarios and warning signs. It then ranks the most likely and dangerous failures, reveals hidden assumptions, and suggests plan adjustments.
Qasar Younis, CEO of Applied Intuition and former YC COO, lays out his “radical pragmatism” method: craft your own decision frameworks, enforce clear values, and shun big-company habits. He also treats fundraising as a strategic signal and stresses the need to love the work to sustain a company long term.
This paper explores how large language models make decisions during reasoning. It demonstrates that these models often encode their choices before generating text, influencing their subsequent thought processes. The research shows that altering initial decisions can change reasoning outcomes significantly.