transcript · 20,681 words

#50 Josh Wolfe: Inventing the Future

Transcribed with NVIDIA Parakeet · Why times can differ in your player

It's just really interesting to think about luck and skill. And if you really are humble to how much luck there is in the world and in whatever pursuit and domain you're doing, then it opens you up to the possibility that there's randomness and optionality and you should try to maximize that as cheaply as possible. Hello and welcome. I'm Shane Parish and this is The Knowledge Project, a podcast exploring the ideas, methods, and mental models that help you learn from the best of what other people have already figured out. Lear more and stay up to date at fs.blog slash podcast. This conversation is with Josh Wolf, a founding and managing partner at Lux Capital in New York. Now Luxe is a VC firm, but not your typical VC firm. They spend most of their time in the hard sciences.

Josh is a believer in the idea that inventing the future is the best way to predict the future. As you'll see in this conversation, Josh is exceptional. We talk about learning, finding ideas, information processing, and our shared interests in old school rap. Let's get started. Mm-hmm. Can you tell me a little bit about what Lux Capital does? At root, we are trying to find brilliant people and back them and get really, really lucky. Um

I mean I if you think about it, as a midwife, we raise money from endowments and foundations and wealthy families and individuals. And then we deploy it into people who are inventing the future, as the old adage goes that the best way to predict the future is to invent it. And then we are basically trying to figure out who's full of shit and not, and who is real and who is um faking it, and we try to deploy money to the people who are real. And um Typically there's people

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