punk2898 🙌💎

True

Personal update: I've joined Anthropic. I think the next few years at the frontier of LLMs will be especially formative. I am very excited to join the team here and get back to R&D. I remain deeply passionate about education and plan to resume my work on it in time.

21 Ways to Fail at Startups, Helping You Avoid Losing 1 Billion 💰 You don’t necessarily have to start a business, but this can help you steer clear of these companies This is a book I read 8 years ago called "The Little Failures of Startups" But even now, I still occasionally revisit it ❌ 5 Major Startup Pitfalls 📈 21 Classic Cases 🙅 10+ Industry Lessons 💬 45 Authoritative Analyses and Reviews Don’t care about what others say about this book Just listen to me and that’s enough 😎 I started my first startup in 2015. Since it’s a startup, I definitely needed to cram a lot of entrepreneurial knowledge. I read many books, but one had a particularly big impact on me, which is "The Little Failures of Startups." Strictly speaking, this book isn’t really a book; it’s a collection of interviews with various star founders—of course, those who failed, learning from history. Even now, I still flip through it from time to time to see if I’m making the same mistakes they did. The strange thing is, you can only truly learn lessons by experiencing them yourself; just reading books isn’t enough, but at least it gives me a reference. ⚠️ Note: 💪️ They don’t expect entrepreneurs to avoid failure, but when you encounter failure, tell yourself to keep going 🎙️ Since these are interviews, the subjects might not always tell the truth, so don’t be misled by the author when reading 📖 Su Dongpo had a way of reading called the "Eight-Sided Reading Method," where you read with different purposes each time and gain different insights -- Table of Contents (Check if it suits you): Chapter 1: The Lament of Resource Dependents 1. Resources are both a pie and a pit 2. Losing the battle with investors 3. The abandoned giant whale 4. Thoughts on the transformation of traditional enterprises 5. The sudden death of "China’s Best Business Model" Chapter 2: The Costly Price of Trial and Error 1. I was defeated by success 2. A 90s entrepreneur eager for quick success 3. Lessons from county-level internet startups 4. The split of "Grassroots Bull Blog" 5. The life-and-death crisis of Shengshi Hexing 6. Drinking poison to quench thirst leads only to death Chapter 3: Unreliable Business Models 1. Fresh O2O exploration 2. The "cost black hole" I created myself 3. The echo of product pioneers 4. The model dilemma of Shede.com 5. The fleeting dream of the car wash app Cherry Chapter 4: The Aftermath of Expansion 1. Jingrui Education’s "Northern Expedition" 2. The deadly trap of scale growth 3. "Franchise stores" cost me millions 4. The death of a profitable fast-food restaurant 5. Absurd mergers and barbaric bankruptcies 6. The setback of Bashan Farmer Chapter 5: The Founder’s Self-Redemption 1. Don’t twist yourself, and don’t twist others 2. The self-redemption of Six Rooms 3. The near-death experience of a zero-fund small team 4. The life-and-death group treasure 5. Entrepreneurs who can kneel down