I used to believe that money, fame, and power were fungible, each readily interchangeable and swappable. For example, if you have money; wear designer and flex cars and planes to look cool, and then contribute to politicians to puppeteer policy. If you have fame, parlay into business deals and then

Everyone knows that most VCs are useless. But no one defines what a useful or good VC is, nor do they tell you how to determine the degree of goodness. We define the attributes of VC goodness, so you as a founder can identify a good VC to work with

OpenAI’s ChatGPT birthed a multi-trillion dollar ecosystem of companies. Large-language models (LLM) are on track to replace humans for every category of intellectual work. If your job is currently done on a computer screen, that job will soon be done cheaper, faster, and better by the computer itself. Computers

All venture capital firms sell the same product: financial returns to LPs. GPs take LP money to buy shares in promising startups at a low price and then sell those shares later at a higher price. I run a successful VC fund with Jake Paul (Anti Fund), and I’ll

The art of problem solving is about intelligently breaking down complex problems into simpler ones. I fondly recall reading Jeffrey Dean’s classic MapReduce paper in a graduate-level algorithm course at Stanford as a classic example. MapReduces takes a large task, chops it into smaller pieces, processes them in parallel,

Why is there something vs nothing? In other words, why is there a universe versus nothing at all? Is this a meaningless question because clearly I exist, and presumably, you as the reader exist too? How is nothing defined? The empty set is not nothing. Is this even a well-constructed

Working in startups or venture capital can be a lucrative and rewarding career path. But what is the best way to break in or advance your career in these fields? I clump startups and venture capital together because the functional roles contribute to the same financial outcome: make a small

VC value trap The “value trap” is what stock pickers call companies with valuation metrics and ratios that look underpriced but in actuality are traps that will lose you money. For example, a naive analyst may find a stock with a low P/E ratios, and assume its underpriced. More