Juan Orbea

From 2019 to May 2022, the market was down considerably with public valuations down 53–79% across the four sectors we were reviewing.

I don't think of this as an affront to the idea that "no one can predict the future." It is, instead, a statement of belief. You're putting your capital and resources behind a future you believe in. Will Bezos' 2,300% internet growth be long-term? Or more volatile, like OpenSea's NFT volumes?

I had a recent discussion with someone who argued that new senior leaders deliberately push for major changes even though they suspect the efforts will fail. If this is your approach to leadership, please know that you’re awful and take the time to work on yourself until the well-being and success of an entire company matters to you more than being... See more

Why Intelligence is More Powerful than Physics

Canva's target market has always been the long-tail of less sophisticated creatives, often people without technical skills or advanced software. For that long-tail, the focus is on creating high quality designs with as little friction as possible. By bringing all of this creative surface area into the same platform they enable long-tail creators to... See more

“Man is the creature who does not know what to desire, and he turns to others in order to make up his mind. We desire what others desire because we imitate their desires.”

As VCs imagine the future for any given company, take the time to go through that exercise. Talk to the founders and operators who understand that market most intimately. What do people believe will happen? What could they be wrong about? 

A deep dive into the core traits and how they are likely to play out in real life situations;