Religions are another example of a practice that has a positive impact for many people in terms of giving them meaning and purpose in their lives. The internal theory of religions tends to be that they represent a higher truth told by prophets and/or the result of direct appearances of gods on earth. The external theory is that people have a... See more
The biggest risk exists for companies that have raised at high valuations but can’t get to cash flow positive on the money in the bank and thus will need to raise again in the future.
“Infinite growth in a finite world is an impossibility” goes a popular quote. It is usually rolled out to illustrate that sustainability requires humanity to impose limits. Sometimes people then point to a specific element that they argue we will run out of in relatively short order, for instance phosphorus. I believe that this view is... See more