Juan Orbea

Crossroad #5 – Marriage/Choosing a Life PartnerMarriage, or choosing a life partner, is one of the most important decisions you make in life. It could be the source of your greatest joy and/or your greatest suffering at a very personal level. In terms of the network model, it’s powerful because you are choosing someone else’s full network to add to... See more

Each of the three words must be there for a reason, with none of them being redundant with the others. We must separately check each of these three boxes in order to determine whether something is a DAO.

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

Fund Structure

Traditional Fund

Traditional funds typically do a “big bang” fundraise and begin deploying capital after the First Close. Once the fund is officially closed, they’re unable to accept new LPs.

That said, it’s not uncommon for fund managers to leave their fund “open” for several months while deploying and raising additional capital.

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He argues that a low entropy, or predictable and stable, carrier is required for the emergence of knowledge -- whether it be a fiber optic cable and communication, or a social system governed by the rule of law and economic innovation. Such a social system is not spontaneous, but rather developed through sacrifice and a religious order.

Most people like to think of themselves as good people. Most people in first world countries have the opportunity to have a tremendous impact on other people's lives. If you earn more than $35k per year, you are in the top 1% of earners worldwide. This puts you in a great position to do good.

If we view the exponential growth of computation in its proper perspective as one example of the pervasiveness of the exponential growth of information based technology, that is, as one example of many of the law of accelerating returns, then we can confidently predict its continuation. In the accompanying sidebar, I include a simplified... See more