Juan Orbea

Some funds perform “return the fund” analysis before making an individual investment. This analysis essentially looks to understand what value a given company would have to exit at to both return the fund as well as hit the targeted net return given assumed dilution over time.

People early in their career should learn from computer science: meander some in your walk (especially early on), randomly drop yourself into new parts of the terrain, and when you find the highest hill, don’t waste any more time on the current hill no matter how much better the next step up might appear .

What happens in the public markets is highly likely to filter back to the private markets because the ultimate exit of these companies is either an IPO or an acquisition.

The biggest mistake I’ve seen startups make is using the same comp scale for these two classes of employees. Comp levels are a rational structure to overlay on an irrational commitment and impact. Companies that don’t break bands will undervalue the energy-giving impact the mitochondrial employees have, which will ultimately challenge their ability... See more

Canva also makes money from Canva Marketplace and Canva Print. In the Canva Marketplace, Canva charges a fee for premium design usage when the user is not signed up for an Enterprise or Pro plan. For every sale, Canva provides 35% to the content creator, with the rest going to Canva after a payment processing fees.Canva is an excellent example of... See more

 Expensive to build and often needing highly skilled engineers to maintain, artificial intelligence systems generally only pay off for large tech companies with vast amounts of data. But what if your local pizza shop could use AI to predict which flavor would sell best each day of the week? 

We all have a finite amount of time to live, and within that mortal countdown we devote some fraction towards our work. Even for the most career-focused, your life will be filled by many things beyond work. This is the sign of a rich life, but one side-effect is that time to do your work will become increasingly scarce as you get deeper into your... See more

Thorium fuel: Like HALEU for fast reactors, thorium fuel is also more efficient, as the thorium can be fully consumed and then recycled, without needing continuous replenishment of fuel. Thorium today is only beginning to be incorporated into nuclear reactors in countries like India, where thorium supply is abundant.