Thursday, April 23, 2020
This post breaks down Pioneer (https://pioneer.app/) in terms of being a Convexity Machine.
Pioneer exhibits nearly all of the characteristics of a Convexity Machine(CM).
However, Pioneer's central roles as the gatekeeper limiting participation and the sole Selector stop it short of being a fully fledged CM.
This suggests that Pioneer's only path to venture-scale is expanding both the number of gatekeepers that decide which projects make it into their accelerator and the number of Selectors that bestow status, money, and other rewards to projects.
Tuesday, April 7, 2020
In Convexity Machines - Short Post I set some basic criteria for what I've dubbed "Convexity Machines."
- Convexity Machines are digital environments with user-generated randomness
- Users have potential for large gains (status/$)
- Users’ mishits are small/harmless
- Optionality exists to select gains, forget losses
- The 4 Primary Roles in a Convexity Machine
- Specific Characteristics of Convexity Machines
This will set us up to begin trying to understand specific startups as Convexity Machines 💪
Some quick thoughts generated by reading Tyler Cowen's, Isolation Changes Everything for Status Seekers
Info from the past month I'd actually consume again.
"When I need to make a complex decision I use ________" Photo by Harli Marten on Unsplash What is the core pr...
Photo by Alfons Morales on Unsplash Notes Fundamental inputs == information that I believe (for now) is important for the...
All credit for this curation goes to Bailey Richardson ( People & Company , @baileyelaine , original tweet )