Juan Orbea

We replicate venture capital returns using liquid small-cap public equities and find the underlying innovation premium also exists at large innovative firms. We also show that crypto tokens can provide a liquid complement to blockchain venture equity.

Gifted children and adults are often misunderstood. 

At some point in the 90s Coca Cola was 40% of BH’s portfolio, and they made a 13x on the investment during the next decade

- The concept of ‘micromarriages’ and ‘microbestfriendships’.

What happens when we no longer limit the scope of our concern to just the next couple of generations? Once we consider how many generations could follow ours, the implications look striking: our actions could influence the lives of far more people than many expect.

Although noninvasive means of scanning the brain from outside the skull are rapidly improving, the most practical approach to capturing every salient neural detail will be to scan it from inside. By 2030, “nanobot” (i.e., nano robot) technology will be viable, and brain scanning will be a prominent application. Nanobots are robots that are the size... See more

Technology has changed the nature of the threats our society is facing, but the defense industry is still generally approaching these questions with a twentieth century mindset. Before we can make meaningful progress in the space, we need to reconceptualize our approach to the question.