Books
Worth Books

Summary and Analysis of Chaos Monkeys: Obscene Fortune and Random Failure in Silicon Valley

    CJ Maihas quoted2 years ago
    Chaos Monkey: A program that randomly tests parts of a system to try to make it fail. It’s a form of destructive testing.
    CJ Maihas quoted2 years ago
    Initial Public Offering (IPO):
    CJ Maihas quoted2 years ago
    Start-up: A small company seeking investment to create and promote its product.
    CJ Maihas quoted2 years ago
    Dogfooding: Using your own technical product.
    CJ Maihas quoted2 years ago
    Vesting: In this case, when stock options are conferred to you.
    CJ Maihas quoted2 years ago
    Endless toil motivated by lapidary ideals handed down by a revered and unquestioned leader, and put into practice by a leadership caste selected for its adher
    CJ Maihas quoted2 years ago
    everyone must work for the good of the state—to the capitalist ethos at Facebook, where everyone must work for the good of the company.
    CJ Maihas quoted2 years ago
    adherence to aforementioned principles, and richly rewarded for its willingness to grind whatever human grist the mill required?”
    CJ Maihas quoted2 years ago
    Beltway Boomers: A particular customer demographic. In their 40s or 50s, these consumers usually have late marriages and children, and fall into the upper middle class
    CJ Maihas quoted2 years ago
    Application Programming Interface (API): A set of protocols and tools for building software.
    CJ Maihas quoted2 years ago
    Cookies: A small file stored on a computer that holds information about one’s web-browsing activities and preferences.
    CJ Maihas quoted2 years ago
    the Facebook team whose job is the opposite of his—instead of turning users into money, Growth turns money into users.
    CJ Maihas quoted2 years ago
    two basic requirements for successful start-ups: monomaniacal focus and the ability to take a lot of crap.
    CJ Maihas quoted2 years ago
    make you buy crap you don’t need with money you don’t have.
    CJ Maihas quoted2 years ago
    Y Combinator doesn’t really care about the actual ideas that people have. But it does care about the teams—who is involved, not what they’re selling
    CJ Maihas quoted2 years ago
    public perception of them can alter their value. It’s about putting a price on human gullibility.
    CJ Maihas quoted2 years ago
    how new social media advertising works: There’s a fraction of time between someone seeing an ad and buying the product. You have to find out how to appeal to potential consumers quickly, and enable them to buy the product as smoothly as possible.
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