Juan Orbea
@juanorbea
A node in a network
Juan Orbea
Of course most funds hope that not all but one company they invest in has an exit, so the GPs must then make some assumptions around the percentage of companies that go to zero, return 1x capital, return a modest 3x capital, return a healthy 25x capital and return more than 100x capital. Making assumptions around graduation rates can help GPs... See more
Kauffman Fellows • Venture Fund Portfolio Construction | Journal | Kauffman Fellows
Understandably, YouScience strives to make the experience and the resulting “strengths profile” as positive as possible. The post-assessment report doesn’t harp on what kids are not good at and also doesn’t tell anybody that the best fit for them is an unskilled, low-wage job. The 500 careers in its database all require at least some post-high... See more
Education Next • First, Know Thyself. Then, Pick a Career Path
How AI Could Empower Any Business | Andrew Ng | TED
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A hard decision is not hard because you can’t seem to “figure it out.” Hard decisions are hard because option A is better in some ways and option B is better in others. “When alternatives are on a par, it may matter very much which you choose, but one alternative isn’t better than the other,” Chang writes. “Rather, the alternatives are in the same neighborhood of value, in the same league of value, while at the same time being very different in kind of value.”
The values of a company should be a blueprint for how to be successful in that company; the canon for how the team behaves and makes decisions. As I mentioned earlier, mitochondria aren’t just good at what they do — they best embody a company’s values. That's why you can’t just interview for competence. You need to interview for values.
Sarah Tavel • The Mitochondria in Startups
Interviewing for values doesn’t guarantee you’ll hire mitochondria. But if you don’t interview for values nor communicate the importance of your values during the interview process, your hiring process is suboptimal at best. Just like actual mitochondria, mitochondria employees won’t scale directly to total employees if you don’t make efforts to... See more
Sarah Tavel • The Mitochondria in Startups
Whatever it is, things that simply won’t happen if you don’t do them are your biggest opportunity to work on something that matters, and it’s a category that will get both narrower and deeper the further you get into your career.
lethain.com • Work on What Matters.
Crossroad #4 – First JobThe professional relationships you form during your first job are the seed of your professional network which influences the arc of your career — from how you think about work, to how you’re known, to the geography where you have advantaged job access for a long time.
nfx.com • Your Life Is Driven by Network Effects
We all have a finite amount of time to live, and within that mortal countdown we devote some fraction towards our work. Even for the most career-focused, your life will be filled by many things beyond work. This is the sign of a rich life, but one side-effect is that time to do your work will become increasingly scarce as you get deeper into your... See more