Professor Price has enlarged his widely known and influential study of science and the humanities to include much new material, extraordinarily broad in its range: from ancient automata, talismans and symbols, to the differences of modern science and technology. Science since Babylon is now more fascinating and useful than ever to anyone concerned ... See more

Feral Type – its niche is narrative and society. Narrative becomes reality. This gives rise to 2 failure conditions: 1) delusion (which is an identification with an ideology that takes the story as actually being reality) and 2) deception (the perception of society being first and foremost a hierarchy/conflict between domesticated people).

This style of thinking is foreign to me, but I find it fascinating, and important. Stereotypical "wealthy white liberals" ignore this at their peril: these more "traditional" values are actually quite popular even among some ethnic minorities in the United States, and even more so in places like Africa and India, which is exactly where Balaji is tr... See more

Who are the mitochondria in your company? Make that list. Invest in your relationships with these people, and in the people themselves.

Copyright (C) Raymond Kurzweil 2001 Chart Graphics by Brett Rampata/Digital Organism

Of course most funds hope that not all but one company they invest in has an exit, so the GPs must then make some assumptions around the percentage of companies that go to zero, return 1x capital, return a modest 3x capital, return a healthy 25x capital and return more than 100x capital. Making assumptions around graduation rates can help GPs bette... See more

Often, companies are underestimated because people believe the market isn't large enough, and the execution will have risks (e.g. Crowdstrike). So how does that translate into the valuation I can pay today? If you have a fundamentally different belief about the size of the market then you believe that the company will be able to address more custom... See more

At the end of high school, most graduating seniors are given their diplomas with a heaping side of platitudes, many of them patently preposterous. Such as, “If you can dream it, you can do it.” Or “You can be anything you want to be.” And especially, “With grit and determination, there’s nothing you can’t do."

According to legend, in 1876 the first sounds transmitted down a wire were Alexander Graham Bell saying "Mr. Watson, come here. I want you." Compared with Morse's "What hath God wrought!'' this is disappointingly banal—as if Neil Armstrong, setting foot on the moon, had uttered the words: "Buzz, could you toss me that rock hammer?'' It's as though ... See more