Juan Orbea

The law of accelerating returns implies that by 2099, the intelligence that will have emerged from human-machine civilization will be trillions of trillions of times more powerful than it is today, dominated of course by its nonbiological form. The point is that if there are ways around this limit (or any other currently understood limit), then the... See more

But I thought a better way of thinking about how we manage our portfolios is to think about it as a funnel. If we do 36–40 deals in a Seed Fund, somewhere between 25–40% would likely see big up-rounds within the first 12–24 months. This translates to about 12–15 investments.

I would propose that this was being done, and that it was done at the cost of sociopolitical and cultural capital. So, quite specifically, what I would say is that things like Trump phenomenon and Brexit are directly and linearly connected to the various bailouts that happened in the United States and Europe, that it was a direct subsidy of the... See more

Blockchain communities continue to stand for openness, freedom, censorship resistance and credible neutrality, at a time where many geopolitical actors are increasingly only serving their own interests. This enhances their international appeal further: you don't have to love US hegemony to love blockchains and the values that they stand for. And... See more

Anti-rivalrous – those set of things in which, if I have it, you can also get a completely functional copy of it without me losing it + the more people that have it, the more valuable it becomes.

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

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