BPI Keynote: Let’s build a better future

We are extraordinarily privileged to reside in a developed country at the beginning of the 21st century. We are living in the most prosperous and peaceful time in the history of humanity. In 1800 no country had a life expectancy over 40. Today it’s over 80 in many developed countries. In 1820, 94% of the world’s population lived in extreme poverty. Today less than 10% of people do at a global level even though world population went from 1 billion to 7 billion! In 1800, we worked over 70 hours per week to survive. Today we work less than 40… Read More

Keynote BPI : Construisons un meilleur avenir

Nous sommes extraordinairement privilégiés d’habiter dans un pays développé au début du 21ème siècle. Nous vivons dans l’ère la plus prospère et paisible de l’histoire de l’humanité. En 1800 aucun pays avait une espérance de vie au-delà de 40 ans. Aujourd’hui elle est de plus de 80 ans dans beaucoup de pays développés. En 1820, 94% de la population vivait en extrême pauvreté. Aujourd’hui c’est moins de 10% à l’échelle mondiale alors que la population est passée de 1 milliard à 7 milliards ! En 1800, nous travaillions plus de 70 heures par semaine pour survivre. Aujourd’hui nous travaillons moins… Read More

The Bobiverse book series is tons of fun!

After my strong recommendations for Ready Player One, Star Force and Old Man’s War, it’s probably obvious to most than I am a big fan of sci fi and of space operas in general. The Bobiverse series is an innovative take on the genre. The series centers on Bob, a nerdy successful tech entrepreneur who signs a contract to cryo-store his head in the event of his death. He dies shortly thereafter in a traffic accident. He is woken up a century later, but he’s been turn into AI with the… Read More

It was Bagheera’s world, we just lived in it

My love for dogs is well documented (Farewell Harvard!), but I must admit that no dog meant more to me than Bagheera. In a way, it is odd that it would be the case. She was really my 2005 girlfriend’s dog. I grew up with Ucla, an extraordinary yellow Labrador, and pined for a similar lab ever since. I knew it would be unfair to the dog to get him while living in a tiny apartment in NY while completely overworked from McKinsey or whatever startup I was running. I bided my time. Finally, post selling Zingy,… Read More

Infinity Born is a timely thriller

I am partial to science fiction books set in the near future where the technological improvements are in a way understandable and expected in light of where we stand today. For anyone who has been following the recent spat between Elon Musk and Mark Zuckerberg about the perils of AI, Douglas Richard’s Infinity Born is extraordinarily timely. It focuses on the quest for ASI (artificial super intelligence) in a fun thriller that covers a lot of the technologies I have been reading and thinking about: mind uploading and emulation, bioprinting, nanites in the brain, asteroid mining, kinetic bombardment, EmDrive technology… Read More

The Subtle Art of Not Giving a F*ck is surprisingly thoughtful and well written

I was told to check out Mark Manson’s book because it supposedly encapsulates a lot of my personal beliefs, philosophy and approach to life. I was very skeptical of the gimmicky title and the fact that it’s essentially a self-help book, but gave it the benefit of the doubt. I was very pleasantly surprised. Mark Manson combines academic research, personal anecdotes and jokes to make a very compelling argument about what to care about. The book essentially presents Buddhist learnings in a package appropriate for modern sensibilities. It effectively shows that while you can’t control many of the negative things… Read More

Nontraditional approach to wealth management

I realize this blog post might appear douchey as its content only applies to very few lucky entrepreneurs. However, given the amount of bad advice dished out by traditional investment advisors and that every entrepreneur I backed who successfully exited asked me how to manage their funds, I felt the post had to be written. Most traditional advisors have a model that essentially looks like this: domestic equities 30% (split between large cap and mid cap), international equities 20%, real estate 20%, fixed income 20%, alternatives 5% (private equity and hedge funds), cash 5%. The percentages vary a little bit… Read More

Eve: from launch to IPO in 31 months!

FJ Labs is mostly a marketplace venture investor and startup studio. However, a few years ago, we had a secondary thesis of investing in and building vertically integrated online brands. It makes perfect sense to build online only brands which sell products of similar or higher quality than offline brands at half the price or less given the lower cost structure of online companies. The very first startup we helped create, and the one that led to the genesis of our apprenticeship program, was Adoreme, an online lingerie fashion company. We are also investors in Read More

Venture Capitalists: change your life with Kushim

by Clément Aglietta Imagine how difficult it was for an empire to keep track of the birth rate, the size of harvests or the spoils from a conquest, with no writing system. In this era, certain people were thus given the task of memorizing the empire’s data. If such a person died, a whole swathe of the economic history of the kingdom disappeared. That is why, 5000 years ago, on the banks of the Euphrates, someone invented a simple and efficient way of transmitting data. The man who signed his name to the earliest written record… Read More