The truth of a proposition has nothing to do with its popularity. And vice versa. This is as true in investing as in anything else, and especially important to keep in mind in a nascent area like crypto where there are still far more open questions than answers. We wanted to share some of our reactions, thoughts, and perspectives on the relevance of some recently-expressed “unpopular opinions” (some of which are hopefully not so unpopular anymore) to crypto and investing more broadly.
Next week I’ll give my 100th investing talk in London. In the last 10 months I’ve spoken in eight countries on five continents. This wasn’t planned – I grew up with a debilitating stutter – but it’s been the most enjoyable part of my career, by far.
Now that we’ve lifted the veil on Collaborative’s crypto investing efforts, we plan to start providing some commentary on our recent investments since we kicked off last year. We’ll be putting out several of these posts in the coming weeks, starting with one of our first investments, in a company called StarkWare.
Kimbal Musk started his career at Scotiabank. In 1995, he and his brother Elon established an online city guide corporation named Zip2 which was acquired by Compaq Computer in 1999. In the early 2000s, he turned a new page in his career by starting to attend the French Culinary School in New York. He is the cofounder of Square Roots and owner of The Kitchen Cafe, a chain of community restaurants located across the US, and an active board member of Tesla Inc., SpaceX, and Chipotle Mexican Grill.
My wife and I welcomed a daughter into the world yesterday.
“I don’t know why people keep using one-year earnings,” economist Robert Shiller once said. “That is the time it takes the Earth to go around the sun. I don’t see any other significance.”
The most important lessons from history are the takeaways that are so broad they can apply to other fields, other eras, and other people. That’s where lessons have leverage and are most likely to apply to your own life.
Seth Goldman is the Executive Chairman at Beyond Meat.
Cereal is a thing. It is a big thing. It is something we all have a relationship with. Lots of people eat it everyday. Some eat it multiple times of day.
Hacks are hard because shortcuts rarely exist. Prizes take time and effort.