The O-Ring Theory
Plus! Learning by Doing; Financial Engineering; Economics of Cloning; Alternative Lending; MosaicML, Redux
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AI's Benefits Accrue to Incumbents, But This Makes AI Startups More Valuable
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The Economics of Engineering Blogs
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Longreads + Open Thread
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Why is a Sub-$10 IPO Price the Financial Kiss of Death?
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A Long Cycle for Hurdle Rates?
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Reddit and Platform Politics
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Longreads + Open Thread
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Shell and Managing for Decline
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Where Does Stripe Go From Here?
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Expect the "Deployment Phase" of AI to Take a Surprisingly Long Time
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Unavoidable Drawdowns
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