“If you believe enough in a founder to invite them to be an EIR you might as well just give them some money on a note and let them iterate with you already pot-committed.” | learn more
Three partners at venture capital firm a16z explain their view that fintech is going to get very fragmented as brands develop around niche audiences that aren’t constrained by geography. “What will differentiate these products in the long-run will be the […]
“Premarital sex is illegal in Morocco, and hotels typically uphold a policy of “no marriage certificate, no (shared) room.” This has resulted in a lot of workarounds. Tourist websites recommend everything from offering extra money to putting on fake wedding […]
“After forty attempts to create the formula, they famously came up with the right one on their 40th attempt. The name WD-40 stands for water displacement, formula 40. It’s first application came as a coating for the Atlas missiles made […]
“You must have a single conversation. You talk to the whole table and the whole table listens. The whole time. That’s 8 to 14 brains on one topic. It’s powerful and unique.” | learn more
“El Salvador was the first country to make bitcoin legal tender and bitcoin became a popular payment method, partially because many of the Salvadorans who [Lily] saw for hair cuts found it easy to use.” | learn more
“It feels like money was invented out of thin air. Or, maybe the value was sitting there all along, and it’s no different than a high-priced technology company IPO on the Nasdaq with instant liquidity. Maybe this is what it […]
I overcame my aversion to paying gas to jump into this DAO. If the auction goes well, I’ll become a part owner of the Constitution! | learn more
“It is the most rigorous theory of particle physics, incredibly precise and accurate in its predictions. … Despite its great predictive power, however, the Standard Model fails to answer five crucial questions, which is why particle physicists know their work […]
On the launch of the new University of Austin. “We are a dedicated crew that grows by the day. Our backgrounds and experiences are diverse; our political views differ. What unites us is a common dismay at the state of […]