Smart partners negotiate fair deals because they know that lopsided deals are fragile and that most value accumulates in long term trust relationship… - Naval Ravikant

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Smart partners negotiate fair deals because they know that lopsided deals are fragile and that most value accumulates in long term trust relationships.

You can tell a lot about a potential partner by their opening offer.

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About Naval Ravikant

Naval Ravikant (born November 5, 1974) is an Indian-born American entrepreneur and investor. He is the co-founder and chairman of AngelList, a platform for startups, investors, and job seekers. He is an angel investor who has made early-stage investments in companies including Uber, Twitter, Postmates, and Yammer. Ravikant is a recipient of the Edmund Hillary Fellowship. He also co-hosts a podcast with Brett Hall.

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If you want to learn macroeconomics, first read Adam Smith, read von Mises, or read Hayek. Start with the original philosophers of the economy. If you’re into communist or socialist ideas (which I’m personally not), start by reading Karl Marx. Don’t read the current interpretation someone is feeding you about how things should be done and run.

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