I was chatting to one of our (early stage) VCs the other day, and he said "Usually, one position* is repsonsible for 60 or 70% of total returns for a fund. If you get lucky and you get two of th… (View Post)

Well, yes. He was clearly no hero. And he clearly didn't deserve to be killed by the police. The same argument can be made, I think, with regards to the Lucy Connelly imprisonment. (View Post)

Indeed: people entered into agreements to work based on a contract. It sends a terrible message that the word of the British government cannot be trusted. It's also important to distinguish between t… (View Post)

Looking at that map, I think (with the exception of Utah) the strongest correlation is probablty with alcoholism rates. (View Post)

I wouldn't have bothered if we hadn't been all getting so worked up about it. And I thought... maybe I should actually know what he said before commenting on it. (View Post)