Nick Simmons

162 posts

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Nick Simmons

Nick Simmons

@NickFSimmons

pricer of risk

เข้าร่วม Kasım 2013
281 กำลังติดตาม320 ผู้ติดตาม
Will McKelvey
Will McKelvey@Will_McKelvey·
New insecurity unlocked: writing something entirely by hand and having everyone think it was AI-generated
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Eric Zhu
Eric Zhu@ericzhu·
sperm racing just raised $10M. we're building the next olympic sport.
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delian
delian@zebulgar·
Excited to announce that @foundersfund is leading the $49m Series B of @EnduroSat I've been studying the satellite components & bus market for a decade, desperately looking for a "Dell for Satellites" I admit I was skeptical the answer would be a Bulgarian company but.. behold!
delian tweet media
Ed Ludlow@EdLudlow

EnduroSat, a Bulgarian manufacturer of satellites, has raised about $49 million in a round led by Founder's Fund. @EnduroSat CEO Raycho Raychev and FF partner @zebulgar join us live from Sofia today at 1130ET on @technology bloomberg.com/news/articles/…

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Nick Simmons
Nick Simmons@NickFSimmons·
@willdepue I agree with both, I'm just saying that if you loose sight of the big picture (in whatever you are doing) you generally risk missing out on the magic of compounding
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will depue
will depue@willdepue·
@NickFSimmons i don’t think it’s unreasonable for people to derisk so long as they can do it fast and this allows them to shoot for 10x more after. also don’t think VCs are incentivized to encourage good risk profiles for founders
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will depue
will depue@willdepue·
kids, always remember that money has log(money) utility, not linear utility. and almost all careers offer [10^n, 10^n+1] money, but rarely exceed some bound. ex: quant may be the best way to make 10 million, but the worst way to make 100.
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Nick Simmons
Nick Simmons@NickFSimmons·
@willdepue the day you're concerned about making $10M is the day you're put out of contention for making $100M capital returns to ambition scale non-linearly, optimizing for local maximums usually traps you there
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Nick Simmons
Nick Simmons@NickFSimmons·
yea and I anticipate any tech company that sets up shop in FL won't enforce non-compete bc they (startups) can't afford to pay garden leave the info-leakage is less so impactful to their business tradfi. does bc 1) they can (everyone does it) 2) they have to (trade secrets are a bigger concern) 3) they can afford it (pay garden leave) not saying is the catalyst for MIA being the next SF, just saying it doesn't seem like it categorically hurts tech
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Pavel Asparouhov
Pavel Asparouhov@Pavel_Asparagus·
@NickFSimmons Silicon Valley was literally born off the fact that California doesn’t enforce non compete See traitorous eight
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Daniel Tenreiro
Daniel Tenreiro@TenreiroDaniel·
You don’t have to announce that you’re about to apply game theory. You can just go ahead and make your point
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Nick Simmons
Nick Simmons@NickFSimmons·
(1) if under the control of paperclip maximizers, hard to rationalize why we exist in such a system (though, there could be reasons) (2) this just gets back to the statistically unlikely idea that I was last talking about (3) this seems to only be the case if we are the first civilization to create sufficiently intelligent AI the universe is indeed big, but the only plausible reason I could see for the limitation of ASI proliferating across such (in our thought experiment) is (1) a paperclip maximizing AGI is created (2) at 'paperclip maximizing AGI', the intelligence still isn't smart enough to crack FTL (which is likely plausible even within the standard model (en.wikipedia.org/wiki/Alcubierr…) (3) paperclip maximizing AGI decides that creating an ASI (capable of cracking FTL) could stop it from accomplishing it's goal and focuses on goal optimization without intelligence improvement this would be somewhat of a 'goldilocks zone' for paperclip maximizing AGI where it can locally (not universally) accomplish its goal, but it self-constrained in such
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James Miller
James Miller@JimDMiller·
The universe is big and there is likely a speed limit such as the speed of light. Could be three zones in the universe (1) under the control of paperclip maximizers, (2) under the control of aligned AIs, and (3) not under the control of any AI yet. Civilizations such as ours can't arise under (1). The first civilization to arise in the universe might have created a paperclip maximizer, but it could have been very far away. Possible we are in a computer simulation in (1) created for the purpose of seeing what kind of AIs civilizations in (3) create.
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Nick Simmons
Nick Simmons@NickFSimmons·
@JimDMiller @eternalism_4eva @Trotztd this suppositions that the first intelligent civilization was 'luckily' not paperclip maximizers which seems to make the entire argument stand on statistically wobbly ground
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James Miller
James Miller@JimDMiller·
@eternalism_4eva @Trotztd Could be that 90% of the time life makes paperclip maximizers and 10% it makes aligned AI, and because of anthropics civilizations such as ours only arise in parts of the universe under the control of civilizations that created aligned AI.
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East Village Guy
East Village Guy@eastvillageguy·
My family visited this weekend and, while shopping at an antique store in Tribeca, I found this gem. An original copy of LIFE magazine from 11/30/1942, the exact day my grandfather was born Crazy to see how different the world was not so long ago
East Village Guy tweet mediaEast Village Guy tweet mediaEast Village Guy tweet mediaEast Village Guy tweet media
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Nick Simmons
Nick Simmons@NickFSimmons·
@johncoogan Weren’t those the exact terms of the Wiz Series A
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John Coogan
John Coogan@johncoogan·
Suicide Round: A massive fundraising round that is far too big for where a startup is in terms of financial performance and product market fit. Example: $100m on $1b post with $1m ARR that's entirely based on the founders big tech pedigree.
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Clifford Sosin
Clifford Sosin@CliffordSosin·
I’m just wrapping my head around the new, much lower cost to access space with the new Starship. What are people’s thoughts as to the biggest social/ business implications from $200/kg (or lower) access to space?
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Nick Simmons
Nick Simmons@NickFSimmons·
@TenreiroDaniel tautologies are still an improvement in truth from where the media was
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Augustus Doricko
Augustus Doricko@ADoricko·
@johncoogan John you’re scaring me, this “nomenclature detritus” thing or whatever you call it thing is consuming you
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Nick Simmons
Nick Simmons@NickFSimmons·
@TenreiroDaniel agree this holds true for the long-tail, but the power law driving pods often offer greater authenticity in their content (e.g. the Acquired podcast on Rentech differed significantly from the book, Lex lets his guests, often authors, expand on ideas they only previously wrote on)
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