The next generation of nuclear fission reactors will shed the inefficiencies that have plagued the previous generations of light water reactors. One unifying characteristic of many Generation IV reactors is that many are small, modular reactors (SMRs). Unlike traditional large, fixed nuclear power plants, SMRs are small, manufactured off-site, and... See more
In this interview we discuss what, if anything, can be learned from his unusual career path. Should more people pass on university and just throw themselves at solving a problem they care about? Or would it be foolhardy for others to try to copy a unique case like Chris’?
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... See more
The power of large numbers is significant. If you earned $1,000 a day every day, it would take 1,000 days (or just under 3 years) to earn $1M. But it would take 1,000,000 days to earn $1B (over 2,700 years).
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... See more