Juan Orbea

A Thought Experiment

Fundraising

General Partner (GP) 

A GP is a manager of a venture fund. They make decisions on how to invest the capital that LPs provide. 

Limited Partner (LP)

An LP is an investor into a venture fund. LPs provide the capital that fund managers invest, and typically have few required obligations outside of providing capital to the fund. 

Most funds

... See more

But blockchains are the only infrastructure system that at least attempts to do ultimate dispute resolution at the non-state level (either through on-chain smart contract logic or through the freedom to fork). This makes them an ideal base infrastructure for network states.

Second, because VCs are investing earlier, they are taking far more risk on the ability to scale up these technologies, even if they can be proven to work.

- Why highly thoughtful cold emails can be surprisingly effective, but average cold emails do little.

I believe all employees in a startup are on a spectrum between two poles:

This style of thinking is foreign to me, but I find it fascinating, and important. Stereotypical "wealthy white liberals" ignore this at their peril: these more "traditional" values are actually quite popular even among some ethnic minorities in the United States, and even more so in places like Africa and India, which is exactly where Balaji is... See more

Balaji's argument in The Network State, as I am interpreting it, is as follows. While we do need political collectives bound not just by economic interest but also by moral force, we don't need to stick with the specific political collectives we have today, which are highly flawed and increasingly unrepresentative of people's values. Rather, we... See more