Joey DeBruin

There may be good reason to be optimistic about non-'scientists' taking part in science....Innocentive creates prizes to incentivise a distributed global network to solve specific problems for organisations who can't solve those problems in-house. Problems can be highly technical (see image below), and span across many domains. I will reuse... See more

The best example of this alternative product is Indie.VC, run by Bryce Roberts. Over the course of 6 years, Indie invested in 40 companies. It held the two key components of limited fund size and gave equity optionality through redemption clauses or equity buybacks. The results are encouraging, with a 51% IRR and 4.3x TVPI, while 87% of the... See more

People tend to gravitate to different sides of the explore/exploit spectrum. If you are high on openness, like I am, exploring comes easy. But it is harder to make a commitment and exploit what you’ve learned about yourself and the world. Other people are more committed, but risk being too conventional in their choices. They miss better avenues for... See more

💡 30 Ideas as we wrap @beondeck's 19th Cohort 💡 Here are 30 ideas about founders, startups, San Francisco, sales, fundraising, and more taken from the second half of the program — sourced from fellows, guests, and me (blame me for the ones you disagree with most vehemently… Show more

And so we arrive at the crux of the argument. DAOs are novelty search engines which can more efficiently explore a search space by enabling many cooperating teams to collect and integrate stepping stones.

On the internet, websites are like buildings, hyperlinks are like roads, traffic comes in the form of people and information. It is a complex system with many interacting parts.

Because foundations can exist into perpetuity [4], they can even be usurped and weaponized towards other goals.