Juan Orbea

Generally, I am used to the Big Compromise Idea being a leftist one: some form of equality and democracy. Balaji, on the other hand, has Big Compromise Ideas that feel more rightist: local communities with shared values, loyalty, religion, physical environments structured to encourage personal discipline ("keto kosher") and hard work. 

Most things that happen in society are multi-turn and repetitive. These are called preferential attachment processes which happen when something (such as money, status, fame, punishment) is distributed based on how much is already possessed. Most social processes are preferential attachment. For example, if two Founders each tweet out the same... See more

Yet another manifestation of the law of accelerating returns as it rushes toward the Singularity can be found in the world of economics, a world vital to both the genesis of the law of accelerating returns, and to its implications. Pharmaceutical drugs are increasingly effective. The statistical methods underlying the productivity measurements tend... See more

But I thought a better way of thinking about how we manage our portfolios is to think about it as a funnel. If we do 36–40 deals in a Seed Fund, somewhere between 25–40% would likely see big up-rounds within the first 12–24 months. This translates to about 12–15 investments.

Professor Price has enlarged his widely known and influential study of science and the humanities to include much new material, extraordinarily broad in its range: from ancient automata, talismans and symbols, to the differences of modern science and technology. Science since Babylon is now more fascinating and useful than ever to anyone concerned... See more

That said, this is a mindset you want to encourage in all employees. One way to do this is emphasize values or impact outside of your job description as part of the performance review process. The importance is emphasizing something bigger than the individual, particularly in the most critical stages as a company scales from a few dozen people, to... See more