David Senra: belief

Transcript context

…They're watching game tape. They're working on the fundamentals from the time they're 12 through the time they die. They don't stop. I think that's what we're listening to Acquired and founders is, is you're watching game tape of history's great entrepreneurs. Sam did this when he was younger. This ties together, where Bill Gurley had a fantastic quote about this, a tweet about this, when all that crypto was going crazy, the run up, and people are getting rich. I'm paraphrasing because I wasn't expecting to talk about this. He's like, I don't like that the younger people are denigrating the people that came before them. He made the point that none of history's great entrepreneurs and investors did that. They had the opposite perspective. All of them had idols. You just made the point. You can't understand Jeff Bezos until you study Sam Walton, you can't understand Sam Walton, so you understand JCPenney, Sol Price, and all these guys. Even though they're contemporaries. The point that Walton always made was, I don't think my competitors are stupid. I want to go shop my competitors, get all of their very best insights, and then bring them into my store.…

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