Podcast Notes Key Takeaways

• “The best way to predict the future is to invent it”
• There are so many variables governing the outcome of every human interaction
• Fitzgerald, Twain, and Schopenhauer – Josh’s Framework on Information Processing
  • Each of the above, was a famous literary giant, who had a quote, which Josh says defines where we should direct our attention:
    • Fitzgerald – “The test of of a first rate intellect is the ability to hold two opposing ideas in your head at the same time, and still retain the ability to function”
    • Twain – “It ain’t what you don’t know that kills you, it’s what you know for sure that just ain’t so”
    • Schopenhauer- “Talent can hit a target that nobody else can hit, and genius can hit a target that nobody else can see”
• Ask yourself – “What sucks?”
  • “Almost everything that we use, almost everything that was ever invented, started with somebody saying, ‘Huh, that sucks. I’ve got a better idea.'”
• One directional arrow of progress that Josh doesn’t think a lot of people are paying attention to – “The half life of technology intimacy”
  • This is a trend about how we interact with our computers
  • “The undeniable arrow of progress, that directional trend, is more and more intimacy”
  • Tech is slowly starting to become more natural/intimate with the human body
• “Failure comes from a failure to imagine failure”
• “The first thing I tell people when I make an investment, or I join the board, is, ‘I want the bad news.’ Good news – you’re going to get applause from me…but I am your partner, I am invested in you, I want the bad news. I want to know what happened, what’s going wrong, because that’s where I can actually help.”

Read the full notes @ podcastnotes.org



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Josh Wolfe, co-founder of Lux Capital discusses how to unearth the unexplored ideas that will reshape our future. We also talk parenting, decision making, and which generation has the best rap.

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