Juan Orbea
@juanorbea
A node in a network
Juan Orbea
Now think about how the math continues to cascade through the network. Princeton hopes that I continue to be an active recruiting node on the network, providing the students with great employment options. But my cost/reward math doesn’t work. The denominator is zero. So Princeton lost a recruiter node in their network for now. Further, now those... See more
nfx.com • Your Life Is Driven by Network Effects
This disappearance had many repercussions. If humans can be approximated as rational economic actors (and, ultimately, even Adam Smith and Karl Marx agree on this point), then those who seek glory in the name of God or country appear odd; but if such odd people are commonplace and capable of asserting themselves with explosive force, then the... See more
Peter Thiel • The Straussian Moment
Our understanding of the world in which we live in is inherently imperfect. There is always a discrepancy between the participants' views and expectations and the actual state of affairs. Sometimes the discrepancy is so small that it can be disregarded but, at other ties,
George Soros • Soros on Soros: Staying Ahead of the Curve
It seems very unintuitive because we're in a very unusual place in the world. It's only over the last couple of hundred years there's such a wild discrepancy between rich countries and poor countries where people in which countries have 100x the income of the poorest people in the world and where we have the technology to be able to change the... See more
Will MacAskill • Doing Good: A Conversation with William MacAskill (Episode #228)
Fundraising
General Partner (GP)
A GP is a manager of a venture fund. They make decisions on how to invest the capital that LPs provide.
Limited Partner (LP)
An LP is an investor into a venture fund. LPs provide the capital that fund managers invest, and typically have few required obligations outside of providing capital to the fund.
Most funds
... See moreWeekend Fund • VC terms you need to know
satire and
innovation and
I sometimes like to call it “layered thinking”. There’s the rational layer, there’s the tacit layer, and there might be other layers. And they’re all important. And we can’t just make a decision based on any one layer, frankly, and certainly the top layer.