
building startups creatively and conscientiously, through the power of communities @build3 đ¤
Goa, India
Joined October 2008
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Think in probabilities
Bayesâ theorem is probably the single most important thing any rational person can learn.
So many of our debates and disagreements that we shout about are because we donât understand Bayesâ theorem or how human rationality often works.
Bayesâ theorem is named after the 18th-century Thomas Bayes, and essentially itâs a formula that asks: when you are presented with all of the evidence for something, how much should you believe it?
Bayesâ theorem teaches us that our beliefs are not fixed; they are probabilities. Our beliefs change as we weigh new evidence against our assumptions, or our priors. In other words, we all carry certain ideas about how the world works, and new evidence can challenge them.
For example, somebody might believe that smoking is safe, that stress causes mouth ulcers, or that human activity is unrelated to climate change. These are their priors, their starting points. They can be formed by our culture, our biases, or even incomplete information.
Now imagine a new study comes along that challenges one of your priors. A single study might not carry enough weight to overturn your existing beliefs. But as studies accumulate, eventually the scales may tip. At some point, your prior will become less and less plausible.
Bayesâ theorem argues that being rational is not about black and white. Itâs not even about true or false. Itâs about what is most reasonable based on the best available evidence. But for this to work, we need to be presented with as much high-quality data as possible. Without evidenceâwithout belief-forming dataâwe are left only with our priors and biases. And those arenât all that rational.
Varun Chawla retweeted
unpopular opinion: if a startup is constantly launching new features its a red flag
strong PMF== one core behavior loop, then ruthless focus on reducing friction, fixing bugs, adding users, and firefighting as scale breaks things
the more features, the weaker the startup
Varun Chawla retweeted
Abstraction is the mind killer
Go to ground, be specific, have the direct conversation, try it yourself, if it doesnât work ask why, donât assume someone else already checked on this
The devil is always in the details
Varun Chawla retweeted
Splashdown of Dragon confirmed â welcome back to Earth, Nick, Suni, Butch, and Aleks!
Varun Chawla retweeted
When you sell hard money you donât sell it to buy or build garbage, ugly, disposable infrastructure. You sell it to build beautiful, long-lasting, low time preference architecture. Bitcoin is a return to greatness âĄď¸
The tiny Himalayan kingdom of Bhutan unveiled renderings for its new airport. #Bitcoin mining has paid off
Varun Chawla retweeted
THOUGHTS create FEELINGS
Feelings develop ATTITUDE
Attitude comes into ACTION
Repeated Actions form HABIT
Habits create PERSONALITY
Personality shapes our DESTINY
Thoughts â Feelings â Attitude â Action â
Habit â Personality â Destiny
Can we afford to create ONE Wrong Thought?
Varun Chawla retweeted
In 2023, Argentina was dying:
⢠Central Bank $12B in debt
⢠50% poverty rate
⢠7,500% inflation
Then Javier Milei became President.
11 months in, he's pulling off the greatest economic turnaround ever.
In a 2-hour pod with Lex Fridman, he revealed exactly how he did itđ§ľ
Varun Chawla retweeted
Africa is bigger than all of Europe, China and the USA together.
Africa is truly like another planet ~ A Thread đ§ľ
1. Magnificent visual of the River basins of Africa
Varun Chawla retweeted
"I have never seen ordinary effort lead to extraordinary results."
â Alexandr Wang
Varun Chawla retweeted
Tourism in Goa is down in dumps
Foreign tourists have abandoned the state already. Look at 2019 v 2023 numbers. Russians and Brits who used to visit annually have opted for Sri Lanka instead.
Indian tourists still visiting, but soon likely to ditch it as word spreads about exploitation of tourists while there are so many cheaper comparable locations abroad
Varun Chawla retweeted
Look at these guys.
One works 16 hours a day. One works 4 hours a week.
2 billionaires. 1 mind-blowing lesson about success:
(I can't believe no one has connected the dots) đ§ľ
Varun Chawla retweeted
IâM STUNNED.
After spending a month in Japan, I canât believe how radically differentâand in many ways betterâit is compared to life in the US.
Here are 15 experiences that left me speechless:
Varun Chawla retweeted
ADHD is not a disorder.
Itâs a difference in cognition.
You need to harness it, not sedate with pills. Once you do, it will make you hyper-focus.
Hereâs what you can do to turn ADHD into a superpower: đ§ľ
Varun Chawla retweeted
An unexpected benefit of having a writing culture is that certain docs you wrote will outlive your tenure at the company.
e.g. I get pinged about 2X a year with a thoughtful question on docs I wrote 3+ years ago within Stripe (and this is true for other alum too).
In a proper writing culture, past docs preserve nuanced thinking and can help accelerate time-to-insight for current employees in ways that slides cannot.
Varun Chawla retweeted
Believe it or not, it's dangerous for a startup to raise too much at too high a valuation. This sounds like a good problem to have, but it isn't. Both make your next round harder.
































