Activity

Entrepreneurship is inherently a risky endeavor, but it is absolutely essential to the American economy. Successful venture-backed companies have had an outsize positive impact on the US economy. According to a 2015 study by Ilya Strebulaev of Stanford University and Will Gornall of the University …

But there are other, larger lessons to glean as well. As you’ll learn in this book, most venture firms invest money on behalf of larger institutional asset managers, like university endowments and retirement funds. Most of these asset managers use a formula to determine how much money to allocate t…

Perhaps the thing that makes you happy is even the specific aspect of the strain, the concentration of all strain upon the body that you’re now heading back to. Right now—or not yet, or not any more—you aren’t ready to reject this form of effort outright, this effort that challenges only the body a…

rau Bertram starts crying. You notice how porous all fate is and you understand the leap into hoping. Hoping for the deus ex machina, hoping for a superhero or anyone, really—all that’s perfectly understandable here in the stairwell with your quietly weeping neighbor Frau Bertram, but five minutes …

You trot after Norman as he leads you around the hall. Two forklift drivers accompany your group, disappearing between the shelves, popping up again at the end of an aisle, blocking the way, joking around with Norman, who sends them away: Haven’t you got anything better to do?

Not much up today,…