Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
What is Cheems is laughing off someone’s sincere ideas as self-evidently stupid, or declaring with very little knowledge about a particular field or ambition that something is too difficult/too risky to even think about further. And whenever it puts someone off pursuing what they otherwise might (consciously or not), its consequence is the creation... See more
None of this is to say we shouldn’t regard chronic illnesses or pandemics as the scourges that they are, nor that we shouldn’t fight them with everything we’ve got. On the contrary, remembering that “death is the default” should mobilize us to fight them with everything we’ve got—recognizing that the one thing we’ve got, in the fight against... See more
Asking friends what would kill their firms, I heard; Performance. Succession planning. Politics. There was plenty of overlap in their answers. What stuck out to me the most was how a lot of these fears closely aligned with the revolutions already going on in venture that I've been writing about. The productization and improvement in a venture funds... See more
A third big issue in the venture industry is that most modern venture firms have broken incentive structures that misalign outcomes between GPs and LPs.