Juan Orbea

According to legend, in 1876 the first sounds transmitted down a wire were Alexander Graham Bell saying "Mr. Watson, come here. I want you." Compared with Morse's "What hath God wrought!'' this is disappointingly banal—as if Neil Armstrong, setting foot on the moon, had uttered the words: "Buzz, could you toss me that rock hammer?'' It's as though... See more

Where do most of the alumni of this college end up living? When you choose a college you are also choosing a regional network. If you go to school in California, for example, your friends and job offers will end up being mostly in that region. I don’t recruit at my alma mater Princeton anymore because it’s so low probability to pull a Princeton... See more

"I'm a big believer that the only real driver of human progress and economic growth over the long term is the societal structure that enables scientific progress, and then scientific progress itself."

Crossroad #2 – High School NetworkHigh school networks are especially important because they are influential when we are forming our identities and worldviews as young adults. High school networks are also correlated with academic achievement, work habits, and even college admission — defining access to future networks and building a vibrant life... See more

If you spend your career snacking, preening or chasing ghosts, it’s possible but relatively unlikely that what you’ve done before will be valued at companies you interview with. Instead, the only viable long-term bet on your career is to do work that matters, work that develops your and to steer towards companies that value genuine expertise.

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.

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

And reset they must. When you look at how much median valuations were driven up in the past 5 years alone it’s bananas. Median valuations for early-stage companies tripled from around $20m pre-money valuations to $60m with plenty of deals being prices above $100m.