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There is some evidence that early education is extremely important. However, we put way too much pressure on ourselves and our kids when it comes to school prep. There is also clear evidence that stress lowers your IQ, so maybe we are better off keeping the stress levels low, instead of worrying about the distant future.

It is not considered free speech if what you are saying presents a clear and present danger, like shouting "Fire!" in a crowded theater.

When the Constitution was written, gun ownership was not thought of as means of protection for a family. Gunpowder was very explosive so you would not want to actually store it in your home, and guns were very basic, where it would take a minute just to reload it after shooting. If someone were to break into your house at the time, you would not use a gun as first means of defence.

As times went by, however, the social norms around gun ownership have changed and the focus on self-defence have become more prevalent, to the point where the Supreme Court justices are now interpreting the second amendment in a way in which it was perhaps not intended.

Ultrarunning is pretty pure sport, but some competitors cut courses and cause issues.

She knows what she wants and she is willing to take an unorthodox route to success!

It very well may be the mainstream payment method within the next 5 years, similarly to the current use of Apple Pay. Some sources are already accepting payment from Bitcoin.

Burt gives the scenario of a person writing a song and there’s 200% to share. He says that 100% is the recording. The remaining is split between publishing and performance. Doing a deal with a record label means that they get the master copy. The norm in the music industry is you give up your publishing or have someone buy it from you. You cannot publish a song without getting the publishing details cleared.

In both programming and paining, there are people who are amazingly talented and can produce great work, as long as they know exactly what to do. As soon as you ask those people to come up with something on their own, they get lost.

The best programmers are the ones that can do both both, have ideas and translate their ideas into code.

When given the choice, PG would pick the ones who know what to paint, even if they can't hold the brush, so to speak.

Harry says that startup founders are risk killers, not risk takes. By keeping his day job while working on his site, for example, Harry was able to make sure he'd not run out of money. Keeping his spending low and not having cofounders or employees, he was also able to remove dependencies and make sure that Marketing Examples would never fail.

Health Lab came from the merge between Buster's project "Health Month" and Y Combinator-funded Contagion Health.

A few years later, it would shut down after running out of money.

Mark looks for investments that can return his share in cash flow. For example, if he invests $100K for a 10% of the company, that means this company needs to be able to make $1M in cash flow to give Mark his money back.

Although this thesis does not guarantee a lot of big exists, it also means Mark is not going to lose a lot of money. He can always work with the entrepreneur to help a business like that to make more money.