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Interview: Naval Ravikant, Co-Founder AngelList and Co-Maintainer Venture Hacks

InfoChachkie

I recommend you first review Dharmesh’s article and then listen to Naval’s thoughts. What follows is a summary which paraphrases Naval’s responses. These days, thanks to code and community, we can productize almost any process done by humans. You can watch my interview with Naval below or on YouTube here: [link].

Startup 273
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. Gross Profit (also called Gross Margin or sometimes “Net Revenue”). And assuming they both had the same net profit margins (profit / revenue) then the former company would be much better off at the end of the year.

Startup 418
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7 Ethical Fictions Lead Many New Entrepreneurs Astray

Startup Professionals Musings

One 11-year study of over 200 companies over a decade ago, detailed in the book “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. I saw a good summary of these in the classic book, “ Ethical Leadership ,” by Andrew Leigh, an expert in this area.

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7 Myths About Ethics Which Will Hurt Your Business

Startup Professionals Musings

One 11-year study of over 200 companies, detailed in “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. I saw a good summary of these in a new book, “ Ethical Leadership ,” by Andrew Leigh, an expert in this area. Ethics can’t be managed.

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Startup Founders Face Serious Business Culture Myths

Startup Professionals Musings

One 11-year study of over 200 companies, detailed in “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. I saw a good summary of these in a recent book, “ Ethical Leadership ,” by Andrew Leigh, an expert in this area. Ethics can’t be managed.

Startup 99
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7 Delusions About Business Ethics Limit Future Growth

Startup Professionals Musings

One 11-year classic study of over 200 companies, detailed in “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. I saw a good summary of these in a classic book, “ Ethical Leadership ,” by Andrew Leigh, an expert in this area.

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7 Cultural Myths That Can Destroy Your Moral Compass

Startup Professionals Musings

One 11-year classic study of over 200 companies, detailed in “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. I saw a good summary of these in a recent book reissue, “ Ethical Leadership ,” by Andrew Leigh, an expert in this area.