Lucas Kohorst

Sword Health has an interesting org structure where they essentially hire GMs for a new business line, give them an internal "seed round" and then they need to use that money to recruit people internally once they hit certain metrics they give a "series A" or kill the product https://t.co/k0d5XGbDyv

The precision that makes them so theoretically useful is itself a curse for their liquidity, so prediction market evangelists should welcome all new traders with open arms.

Progress is good. As Steven Pinker has argued, most things are getting better over time. We are richer, healthier, safer, and better-educated than our ancestors. Although redistribution and social changes can make things better or worse around the edges, most of our current fortunate position comes from simple economic growth.