probe
Which founders created the most wealth for others?
Core vs. Non-Core Work in the Age of AI
Show HN: VC Whisper – Improve your startup pitch and see who else will get it
Reinforcing Private-Public Investments
Venture in Public Markets
There is no 3x growth investment
Carlota Perez's "Technology Revolutions and Financial Capital"
Show HN: I built a voice AI investor clone for fun startup pitches
the full stack for those curious:brain (gpt-4o + trained on some notes) || orchestration (vapi)|| voice (elevenlabs)|| hosting (vercel), database (supabase)|| some design inspo from delphi || vibe coding via WisprFlow + cursor/composer ||
have you looked into world.org? They're scanning eyes and giving robust human identities. Before immediately dismissing, I'd check out the video -- https://www.youtube.com/watch?v=SXnwoMxKHV8
I think atproto + worldid can one day be very interesting
What I learned working at a high-growth crypto startup
On Jim Simons // "The Man Who Solved the Market"
The last lecture especially gives a sense of how he's thinking through things.
Imo smart contract engineering has much more in common with firmware, hardware, etc. than the mindset a typical React/web2 engineer might have (i.e. try things and iterate). I think that point is not talked about enough.
But that's starting to change (https://centrifuge.io/) - still a long way to go ofc. I also know people who have done non-crypto collateral or just completely unsecured lending, but it does involve trust that is off-chain (legal contract, know the person, etc). I think that's a fine stepping stone (and may end up being necessary) as people figure out how to do everything on-chain and in decentralized ways (ex. using on-chain reputation)
But I agree that if it's always overcollateralized then there is obviously much less utility created (though definitely some - similar to how you can get a loan against your home).
The project mentioned, Goldfinch, has already distributed 4.5M in uncollateralized loans to emerging markets using DeFi rails and liquidity already (https://medium.com/goldfinch-fi/goldfinch-raises-11m-from-an...). My 2c is that it's a sign of what's to come.
Why DeFi is not a Ponzi Scheme
Where are “insane” DeFi yields even coming from?
Misunderstandings of Diversification
Misunderstandings of Diversification
Steve Jobs 2001 Japanese TV Interview on Entrepreneurship, PCs, and Emotion
I loved the ending. The essay was primarily for him. It seems that some of the best writing, similarly to the best products, is when you yourself are the recipient.
I actually buy the reasoning behind it - but putting out a corporate speak like this instead of trying to emotionally relate to upset users? Smh
They're taking the same bet (i.e. CV + ML advances on a large and high quality enough data set are enough). After listening to Hoetz on podcasts, I wouldn't underestimate this approach. People trying orthogonal technical approaches win surprisingly often.
Just because I can ride a bike doesn't mean I shouldn't wear a helmet