Hey Reader, Last weeks game theory was very simple. Trust is the only currency that compounds in an infinite game. The founders who win know when to switch from finite-game (aka survival) to infinite-game (aka trust). Simple. (Not easy to execute, but simple to understand) What I failed to define (thx Coen) is what trust actually is... Trust is explicitly a bet where you can get hurt. And if you can't get hurt, it's not trust, it's just a transaction. If you know what you're going to get like...

Hey Reader, Game theory is important. Why? A startup is just a series of games to get to the next level, each one unlocking bigger weapons and bigger demons. It's exactly why some founders love the journey of building more than the exit, they love being in the arena, playing the game. So the simple question should just be, according to game theory what is the best way to win? TL;DR The Finite Game is about preventing death (runway, first everything). The Infinite Game is about managing growth...

Hey Reader, Competence in a startup isn't about being good at your job, it's about being good at not stopping. Therefore the real / true measure of your competence is the finish line. Which means competence for a founder is just persistent repetition. Wanting to win is not the signal. History is. So show me the proof that when it actually matters, you don't quit, that you are competent. Show me any proof from any time in your life that you finish the job, do the thing, overcome the adversity,...