Abie Cohen

Many people pretend they do. Often they don’t because their ego and fear of failing get in the way. There is a close inverse correlation between ego and self-confidence. The latter is also an excellent indicator of resilience. Last week, a new study on the characteristics of unicorn founders found unlimited self-belief to be one of the three... See more

Having this vessel that you’re motivated to fill encourages being more observant and analytical in daily life too.

The most contrarian bet in venture capital right now is Thrive’s investment in OpenAI at an $80B valuation.

Before you bring your pitchforks against me or wonder if I’ve gone crazy, let me explain.

You can be contrarian in two ways:1

1. Having a different POV than the mainstream


2. Having 100% conviction in the mainstream POV and doubling down on it in a way

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you can start thinking strategically instead of waiting for the inevitable.

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,... See more