Sublime

The entire venture capital industry is obsessed with the power law - idea that 1 investment out of ~20 generates outsized returns that surpasses all others combined Yes, it happens! Cyberstart made a 200x return when Google acquired cybersecurity startup Wiz earlier in the year 🚀 🚀 🚀 But... See more

@jackbutcher The Paradox of Abundance Information abundance, like all markets of abundance, are bad for the average person but great for a small number of people. My favorite metaphor is health, where obesity rates and the number of people in incredible shape are *both* rising.... See more

In 2011 Cowen published a digital pamphlet in which he argued that since the 1973 oil-price shock, America had experienced a hidden crisis of lost growth that would be resolved only by the development of new technology. He called this period the “Great Stagnation”, and he proposed a cultural solution rather than an economic one: raise the social... See more

The second-greatest accretion of stakeholder value in business, behind Amazon’s entry into healthcare, will be big (and some small) tech firms partnering with a world class university to offer 80% of a traditional four-year degree for 50% of the price.