Juan Orbea

A classic problem in computer science is hill climbing. Imagine you are dropped at a random spot on a hilly terrain, where you can only see a few feet in each direction (assume it’s foggy or something). The goal is to get to the highest hill.

Our conclusion was that this isn’t a temporary blip that will swiftly trend-back up in a V-shaped recovery of valuations but rather represented a new normal on how the market will price these companies somewhat permanently. We drew this conclusion after a meeting we had with Morgan Stanley where they showed us historical 15 & 20 year valuation... See more

Smart questions to ask yourself when you’re single and looking to meet someone:

An astonishing work of cultural criticism, this book is widely recognized as a brilliant and devastating challenge to conventional views of literature, anthropology, religion, and psychoanalysis. 

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.

We replicate venture capital returns using liquid small-cap public equities and find the underlying innovation premium also exists at large innovative firms. We also show that crypto tokens can provide a liquid complement to blockchain venture equity.

Imagine you crossed by a shallow pond in which a kid was drowning. At that point in time, you are wearing your most expensive outfit (say, $5k). It is reasonable to affirm that most people in that situation would save the child from drowning, in spite of ruining their outfit, and it is clear that this would be the most ethical decision to make. We... See more