Decision Making… The Power Law: Energizing Returns on Chance in Innovation and Investing 7 Jan 2026 The Power Law reminds us to think bigger. People systematically misperceive long tail risk, which creates arbitrage opportunities for those who manage uncertainty well. We discuss five strategies to identify…
Financial… Chess, Computers and the Time Value of Money 19 Oct 2025 Venture fund partners are rewarded for Return on Investment. Limited partners in venture funds focus on Internal Rate of Return. Interests are generally but not always aligned. Differences emerge when…
Financial… Six Product Market Fit Principles That Drive Startup Success 21 Jul 2025 Product Market Fit progresses through three phases: product, business and financial validation. We discuss six practices that improve startup success by accelerating progress through these three stages. “We don’t have…
Startup Cairns 