Charlie Carter
3.1K posts

Charlie Carter
@charlespcarter
CEO, The Carter Group.





To be in the top 1% of U.S. households by wealth, you need a net worth of approximately $13,666,778. The minimum wealth threshold for the top 0.1% is currently approximately $38 million, with roughly 131,000 households falling into this elite bracket. The median U.S. family net worth is approximately $192,900. To join the top 10%, you need roughly $1.9 million, and the top 25% requires about $659,000.





Should we get free relief from divots? ⛳️🤔


Washington State Democrats are already backtracking on their income tax only affecting those making $1 million per year “Representative Shaun Scott of Washington plans to introduce legislation for a 5% tax on wages over $125,000.” The proposal is House Bill 2100 and would impose a 5% payroll excise tax on large and medium-sized employers (which of course would be passed onto the worker) The 5% tax would apply on wages over $125,000










Billionaire Marc Andreessen says he has "zero" introspection, and that the idea itself is a modern invention.



Introspection = neuroticism x narcissism x thumbsucking.



Seattle: "We want the NBA!" Also Seattle: Enacts 10% income tax on high earners and has terrible weather 3/4 of the year. NBA players: "Thanks but we'll pick Miami or anywhere else." NBA players making $40M+ will love paying $4M/year for the privilege of playing in Seattle.


Great men of history had little to no introspection. The personality that builds empires is not the same personality that sits around quietly questioning itself. @pmarca and I discuss what we both noticed but no one talks about: David: You don't have any levels of introspection? Marc: Yes, zero. As little as possible. David: Why? Marc: Move forward. Go! I found people who dwell in the past get stuck in the past. It's a real problem and it's a problem at work and it's a problem at home. David: So I've read 400 biographies of history’s greatest entrepreneurs and someone asked me what the most surprising thing I’ve learned from this was [and I answered] they have little or zero introspection. Sam Walton didn't wake up thinking about his internal self. He just woke up and was like: I like building Walmart. I'm going to keep building Walmart. I'm going to make more Walmarts. And he just kept doing it over and over again. Marc: If you go back 400 years ago it never would've occurred to anybody to be introspective. All of the modern conceptions around introspection and therapy, and all the things that kind of result from that are, a kind of a manufacture of the 1910s, 1920s. Great men of history didn't sit around doing this stuff. The individual runs and does all these things and builds things and builds empires and builds companies and builds technology. And then this kind of this kind of guilt based whammy kind of showed up from Europe. A lot of it from Vienna in 1910, 1920s, Freud and all that entire movement. And kind of turned all that inward and basically said, okay, now we need to basically second guess the individual. We need to criticize the individual. The individual needs to self criticize. The individual needs to feel guilt, needs to look backwards, needs to dwell in the past. It never resonated with me.


My conversation with Marc Andreessen (@pmarca), co-founder of @a16z and Netscape. 0:00 Caffeine Heart Scare 0:56 Zero Introspection Mindset 3:24 Psychedelics and Founders 4:54 Motivation Beyond Happiness 7:18 Tech as Progress Engine 10:27 Founders Versus Managers 20:01 HP Intel Founder Legacy 21:32 Why Start the Firm 24:14 Venture Barbell Theory 28:57 JP Morgan Boutique Banking 30:02 Religion Split Wall Street 30:41 Barbell of Banking 31:42 Allen & Company Model 33:16 Planning the VC Firm 33:45 CAA Playbook Lessons 36:49 First Principles vs. Status Quo 39:03 Scaling Venture Capital 40:37 Private Equity and Mad Men 42:52 Valley Shifts to Full Stack 45:59 Meeting Jim Clark 48:53 Founder vs. Manager at SGI 54:20 Recruiting Dinner Story 56:58 Starting the Next Company 57:57 Nintendo Online Gamble 58:33 Building Mosaic Browser 59:45 NSFnet Commercial Ban 1:01:28 Eternal September Shift 1:03:11 Spam and Web Controversy 1:04:49 Mosaic Tech Support Flood 1:07:49 Netscape Business Model 1:09:05 Early Internet Skepticism 1:11:15 Moral Panic Pattern 1:13:08 Bicycle Face Story 1:14:48 Music Panic Examples 1:18:12 Lessons from Jim Clark 1:19:36 Clark Versus Barksdale 1:21:22 Tesla Versus Edison 1:23:00 Edison Digression Setup 1:23:13 AI Forecasting Myths 1:23:43 Edison Phonograph Lesson 1:25:11 Netscape Two Jims 1:29:11 Bottling Innovation 1:31:44 Elon Management Code 1:32:24 IBM Big Gray Cloud 1:37:12 Engineer First Truth 1:38:28 Bottlenecks and Speed 1:42:46 Milli Elon Metric 1:47:20 Starlink Side Project 1:49:10 Closing Includes paid partnerships.



"The Seattle area has long been home to massively successful companies like Starbucks, Microsoft and Amazon, which was founded by Post owner Jeff Bezos. Yet entrepreneurs and high-performing workers will now think twice about coming to a state that explicitly designs laws to penalize success." washingtonpost.com/opinions/2026/… #waleg




