Juan Orbea

Valuations will get reset. First in late-stage tech companies and then it will filter back to Growth and then A and ultimately Seed Rounds.

Some funds perform “return the fund” analysis before making an individual investment. This analysis essentially looks to understand what value a given company would have to exit at to both return the fund as well as hit the targeted net return given assumed dilution over time.

Throughout the 70s, they were able to make a series of investments that went particularly well (Gillet, Washington Post…).

I'm excited to share with you a classic Maboussin  report  that explores the 10 common attributes he has identified great investors share. I find it very funny that the report was published by Credit Suisse a few years ago 🤣. Whether you're new to investing or a Henry Kravis  protegé , these attributes can help guide your thinking

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This “law of accelerating returns” applies to all of technology, indeed to any true evolutionary process, and can be measured with remarkable precision in information based technologies. Also, keep in mind that every point on the exponential growth curves underlying these panoply of technologies (see the graphs below) represents an intense human dr... See more

Although noninvasive means of scanning the brain from outside the skull are rapidly improving, the most practical approach to capturing every salient neural detail will be to scan it from inside. By 2030, “nanobot” (i.e., nano robot) technology will be viable, and brain scanning will be a prominent application. Nanobots are robots that are the size... See more

So far, I’ve been talking about the hardware of computing. The requisite hardware capacity is a necessary but not sufficient condition. A key advantage of nonbiological intelligence is that machines can easily share their knowledge. We exposed it to thousands of hours of recorded speech, corrected its errors, and patiently improved its performance.... See more