Juan Orbea

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.

Next generation nuclear technology is redefining carbon free energy and solving for the key issues that have previously impeded broad scale adoption.

However, “autonomous” does not mean “automatic” and, even if it did, smart contracts are not automatic. Smart contracts also obviously are not autonomous because they are unconscious and inert, not spontaneous and self-controlled.

He argues that a low entropy, or predictable and stable, carrier is required for the emergence of knowledge -- whether it be a fiber optic cable and communication, or a social system governed by the rule of law and economic innovation. Such a social system is not spontaneous, but rather developed through sacrifice and a religious order.

He just hopes AI it’s not figuring out how to hack the prompt by adding one magic word to the end that changes everything else. What will matter is the quality of ideas and the understanding of what you want. 

Fund Structure

Traditional Fund

Traditional funds typically do a “big bang” fundraise and begin deploying capital after the First Close. Once the fund is officially closed, they’re unable to accept new LPs.

That said, it’s not uncommon for fund managers to leave their fund “open” for several months while deploying and raising additional capital.

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