better doing

Ramp down the AI rhetoric.

Ramp down the AI rhetoric. “This is all complete nonsense.” Geohot argues the fear narrative around AI is toxic, and that the real move is to stop playing zero sum status games and “Go create value for others and don’t […]

better doing

How Rockefeller and his partners built Standard Oil.

How Rockefeller and his partners built Standard Oil. In contrast to popular accounts, Rockefeller’s empire wasn’t built on shady railroad deals but “returns to scale and capital efficiency.” From 1865 to 1872, their production expanded 20x, dropping costs by over […]

tech, startups, internet

Returns to angel investing

Venture investor Jeff Carter tries to clear up the mistaken impression that “all the returns are blow out.” The post contains interesting data and references some studies. | learn more