Bits of information provide neither meaning nor orientation. They do not congeal into a narrative. They are purely additive. From a certain point onwards, they no longer inform — they deform. They can even darken the world. This puts them in opposition to truth. Truth illuminates the world, while information lives off the attraction of surprise, pu... See more
Roelof Botha brought up this same topic in a recent Invest Like The Best episode in an even more poignant way: "Imagine the venture business in a decade, and Sequoia is gone. We presided over the decline of Sequoia, this team, the people here in this room, it was us. What happened? What did we not do?"
Venture firms should aggressively ally with these disruptors. While tier 1 funds will worry more about Tiger Global, solo investors have changed the market’s dynamics. Proactive firms will adapt, empowering these managers and benefiting from their favorable brand and impressive reach.
Because we don’t ship our shit back to where the food comes from, we keep perpetuating the redistribution of nutrients on the planet. Soils grow barren, so we use synthetic fertiliser, which isn’t anywhere near as good as the real shit, and also is very polluting to produce. Scientists call this phenomenon the metabolic rift.