I have read a lot of his posts since 2008 and before. They are intelligent and insightful, but in hindsight lot of them were not best advice for founders/readers but best for the VC.
They haven't gone hungry in quite some time, and it's really been showing more and more as time goes on and their memories of when they started out are fading.
In fact the first large VC who realized that having an own media outlet would benefit their startups immensely.
https://fortune.com/2021/01/20/tech-and-crypto-funder-andree...
There was a great comment on reddit once that calculated a $50,000 car costs about the same to Jay-Z as a tank of gas does to a median person. That’s a huge difference in perspective.
Someone like az, pg, etc probably sees higher daily variations in their stock portfolio than my annual salary. Imagine what life is like when $200k rounds down to “daily noise”?
For me, after lots of saving, those fluctuations are in the $300 range and even that changed my perspective and way of thinking. Very different feel than when I was starting out and having $300 felt like unimaginable wealth.
For comparison, a $500 unexpected expense would bankrupt 41% of americans.
It probably costs even less now given how much his wealth has grown
If you don’t take into account bias and agendas when you read anything, you probably won’t be a great founder.