Josh Wolfe @wolfejosh VC, entrepreneur, fund manager @Lux_Capital; Chair @CiPrep Coney Island Prep; Trustee @SfiScience Santa Fe Inst; CoFounder of Carson, Quinn & Bodhi w/ @ltwolfe Aug. 23, 2018 1 min read

1/ A few excerpts (some content redacted) from Lux's most recent Quarterly letter to partners...

2/ A key theme was DICHOTOMIES (in markets + variety of systems)...

3/ Another theme was how COMPLACENCY sets up conditions for risk of reversal; and some key macro considerations.

4/ Also entropy + energy + information with a nod to Dali + The Doors ;)

(much of our thinking on that topic crystalized by MIT's Cesar Hidalgo's comprehesive clear writing, talks + thinking)

5/ Information as stored order in matter + a few Lux family companies

6/ Networks, trust + conditions needed for growth...

7/ The power of networked geniuses, especially immigrants + the danger of xenophobia; the currency of trust; belief, credit--and how it gets destroyed...

You can follow @wolfejosh.


Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.

Enjoy Threader? Sign up.

Threader is an independent project created by only two developers. The site gets 500,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Running this space is expensive and time consuming. If you find Threader useful, please consider supporting us to make it a sustainable project.