Juan Orbea

The book is not merely, or perhaps not mainly, biblical exegesis, for within its scope fall some of the most vexing problems of social history―the paradox that violence has social efficacy, the function of the scapegoat, the mechanism of anti-semitism.

For example, Twitter Inc. is centralized (it has a board of directors as its ultimate decision-making authority) and relatively non-autonomous (it exists to generate profits for the benefit of its stockholders). The Ethereum Foundation, like Twitter Inc., is centralized (it has a board of directors or similar governing body), but, unlike Twitter... See more

Consider the simplest algorithm. At any given moment, take a step in the direction that takes you higher. The risk with this method is if you happen to start near the lower hill, you’ll end up at the top of that lower hill, not the top of the tallest hill.

Performance Metrics

Total Value to Paid-In Capital (TVPI)

TVPI is a measure of both the realized and unrealized value of a fund as a proportion of the total paid-in, or contributed, capital. It is calculated by (total value) / (paid-in capital) where total value is (distributions + net asset value). A TVPI over 1.00x means an investment’s value

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

The Software of Intelligence

Do yourself a favor and ignore all of it. Focus on these questions instead:Is this job in the right city? The city I want to live in long term?Will I like and respect my co-workers? Will they like and respect me?Do I want to be like my bosses someday?Do my co-workers career aspirations match mine?Am I going to be working with the best?Is there a... See more