Tails, You Win · Collab Fund
collabfund.com · 1,183 words · saved by 1 readers
Steamboat Willie put Walt Disney on the map as an animator.
Tails, You Win Jul 26, 2022 SHARE ↓ by Morgan Housel @morganhousel Copy Link Steamboat Willie put Walt Disney on the map as an animator. Business success was another story. Disney’s first studio went bankrupt. Later cartoons were monstrously expensive to produce, and financed at onerous terms. By the mid-1930s Disney had produced more than 400 cartoons – most of them short, most of them liked, and most of them losing money. Disney and his studio were nearly broke. Snow White and the Seven Dwarfs changed everything. The $8 million it earned in the first six months of 1938 was an order of m
related reading
- Black Swan Farmingpaulgraham.com
- AI Will Not Make You Rich - Colossuscolossus.com
- Heat Death: Venture Capital in the 1980s | Reaction Wheelreactionwheel.net
- AI Rollups, the latest fad to take venture capital by storm, point to a different source of excess returns that is only becoming more valuablecolossus.com
- Venture Lotto - Altos Venturesaltos.vc
- Playing Different Games - by Everett Randlerandle.substack.com
- If You're Not First, You're (Maybe? Potentially? Probably?) Last0xsmac.substack.com
- Go Big or Go Broke – The Middle Ground is Gonelinkedin.com
- Trickle-down workaholism in startups - Signal v. Noisem.signalvnoise.com
- Power Law And The Long Tail - AVCavc.com
- Advice to Startup Founders and Employees: Strength Doesn’t Always Come in Numberschamath.substack.com
- The way SoftBank invests in startups just doesn’t work, says Khosla Ventures’ Keith Raboisvox.com