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CK

Charles Koch

01/26/22

@ Joe Lonsdale

We developed practices and models based on principles, and we periodically examine them to ensure they align with our underlying principles, which drives improvement and growth.

Video

Charles Koch: How a Love of Philosophy Unlocked Exponential Growth

@ Joe Lonsdale

Charles Koch: How a Love of Philosophy Unlocked Exponential Growth

01/26/22

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As a growth team, it's important to establish principles that guide decision-making, ensuring that user behavior changes are understood and ethically managed.

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I'm constantly looking for gaps between what we could be doing if we were following the principles and what we are doing.

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To iterate on our investment process, we meticulously track our funding decisions and outcomes, learning from both successes and failures to improve future investments.

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To maintain a successful company culture, we emphasize both innovation and strong operational practices, using quantitative and qualitative measures to manage effectively.

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We have developed an internal evaluation system to measure our models, as relying on external benchmarks often leads to data contamination and unreliable results.

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We encourage teams to regularly reflect on their contributions and impact, ensuring that everyone is aligned with the company's goals and understands their role in achieving them.

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It's crucial to be introspective and recognize that the company evolves over time, even if the core fundamentals remain the same.

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The AI tools we build need to continuously deliver additional value as the baseline for foundation models improves.