Obamacare – Side Bets

I don’t know anything about Obamacare except that it’s so complicated there’s no point in an ordinary person trying to understand how it will all turn out. And evidently the people who try to understand Obamacare come to different conclusions about whether it will destroy civilization or simply help some…

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The Karma Hypothesis

About a year ago I blogged that I was trying to “sell” an idea to a venture capitalist. The experiment involved asking publicly (here) if a venture company would give me 5% equity in a start-up for doing nothing but describing a good idea. For qualified investors, I would describe…

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