Juan Orbea

Of these companies that become well financed we only need 15–25% of those to pan out to return 2–3x the fund. But this is all driven on the assumption that we didn’t write a $20 million check out of the gate, that we didn’t pay a $100 million pre-money valuation and that we took a meaningful ownership stake by making a very early bet on founders... See more

Many folks would assume that companies, rational optimizers that they are, avoid spending much time on low-impact high-effort projects. Unfortunately that isn’t consistently the case. It’s surprisingly common for a new senior leader to join a company and immediately drive a strategy shift that fundamentally misunderstands the challenges at hand.... See more

Not summarizable - very interesting nonetheless.

The first idea is you can think about any social system using those layers. The second idea and (the more important point) is to think about the way that the layers can actually be traded off against each other.

A discussion about the Arc/Hidysmith model of how human social structures develop and transform over time.