Abie Cohen

What Jerry is talking about is not adverse selection. It’s the second way of increasing convexity: funding the far-out-there-ideas, the Big If True ones. It’s one of the reasons I love the general venture zeitgeist around deep tech right now. If crazy bets like underwater energy storage, transformer-specialised chips, or tiny semi fabs succeed, the... See more

And personally, the experience of those AHA! moments and the realization that strategy and religion/mysticism point to the same truth were experiences worth having. I hope reading them is a good experience.

eing well-resourced and well-organized matters.

In one of my favorite essays, Choose Good Quests , Trae Stephens and Markie Wagner write about the moral imperative for founders who’ve gained experience, resources, and connections building easier companies early in their careers to use their experience, resources, and connections to tackle really ha... See more

because you want to be long optionality into increasing volatility, for example. There was going to be something about writing fewer, deeper pieces, and about leaving room to experiment.