What I read Valuation is a Terrible Scorecard Valuation is a misleading metric for startup success, often obscuring financial realities like dilution and execution risks. Instead of focusing on valuation, startups should prioritize

What I read The tail end of time * The holiday season has begun. This is your periodic reminder to treasure the time with friends and family. No matter your age, you may be

What I read Complex Connections * New York City’s subway system has 32 station complexes (i.e. sets of two or more stations connected with a passageway inside fare control)- 2 in

What I read Prejudice And China - Gavekal Research * Is it time for Western leaders and investors to update their models of China? In dozens of industries Chinese companies are now leading their

What I read Embeddings are underrated * the ability to discover connections between texts at previously impossible scales. AI is Eating Journalism, Education, and Creatives * Perhaps the greatest long-term risk is the dependence that