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"Securities" by Lux Capital

Ideas on science, technology, finance and the human condition

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""Securities"" April 16, 2022

“Securities” Podcast: Redlines for diplomacy and business with former USSOCOM commander Tony “T2” Thomas

“Redlines” in war are meant to be objective and unambiguous tests for a country to respond to another nation’s action. If one country uses chemical weapons in a conflict, that might violate the redline of another country and therefore force it to conduct military operations in response to reenforce the international laws and norms against […]

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""Securities"" April 13, 2022

Lumafield is CT scanning for the industrial manufacturing masses

A scan of AirPods. Photo by Lumafield.

While the annals of history are rightly littered with the names of the inventors of wondrous technologies and breakthrough products, the true value of these innovations is only fully realized when they become widely accessible. Electricity, computers, genetic sequencing and thousands of other major advancements have only had their extensive effect on society after they […]

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""Securities"" April 10, 2022

The Manichaean rainbow

Mykhailo Liapin / Flickr / Creative Commons

The dynamics of “watchwords” in the sweeping narratives of nation-states are peculiar and complex. “Democracy” and “equality” have a certain valence to Americans that’s unique, even to other democratic and equal places. This is to be expected after all: each community spins its own story, and thus the same political phrases can have radically different […]

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""Securities"" April 9, 2022

“Securities” Podcast: The VC Power Law with CFR senior fellow Sebastian Mallaby

In his new book, “The Power Law: Venture Capital and the Making of the Future,” Council on Foreign Relations senior fellow Sebastian Mallaby brings his erudite attention from the hedge fund world to venture capital, interviewing the industry’s leading players over the last 50 years to discover what is unique about this industry that “manufactures […]

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""Securities"" April 2, 2022

“Securities” Podcast: Josh Wolfe on “There will be chaos, and that chaos will be caused by people”

Josh Wolfe and Danny Crichton talk about the influx of TV shows covering startup busts including WeCrashed, Super Pumped, and The Dropout; strategic ambiguity, game theory, and a bit of geopolitics; and what the case for optimism is in this world, including the difference between complacent optimism and conditional optimism. Finally, Danny observes the perilous […]

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""Securities"" March 31, 2022

No longer tolerating the decline of American industry

Nasa / Government Use License

The history of economic progress is the study of tolerances. Social tolerance is the linchpin for closing a transaction: a buyer and a seller both have to understand, respect and trust one another in order to do business together. But that’s not the only form of tolerance involved in progress, for tolerances are also at […]

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""Securities"" March 29, 2022

Investing in capabilities, not markets

Rishi S / Flickr / Creative Commons

“If you build it, they will come.” It’s an aphorism that gets at one of the key dividing lines in venture capital and industrial policy today. First, there’s the ironic interpretation that has disseminated across Silicon Valley and startup investing the past decade. No one comes just because you’ve built something novel. Instead, it’s all […]

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""Securities"" March 29, 2022

A cloaking device for everyone

Markus Meier / Flickr / Creative Commons

Gene Roddenberry, the creator of Star Trek, is believed to have said that “our heroes don’t sneak around” when asked if he wanted Federation starships like the USS Enterprise to be equipped with cloaking devices. Instead, it was the Federation’s duplicitous and violent enemies like the Klingons and Romulans that would have such technology: in […]

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""Securities"" March 27, 2022

“We’re going to try to stop him”

Javier Morales / Flickr / Creative Commons

The news media has extensively covered the cyberhacking gang Lapsus$ this week, following the group’s successful data extraction hack of Okta, the single-sign-on platform for corporate apps, as well as hacks at Microsoft and an extensive extortion scheme against Nvidia. U.K. police have now arrested seven members of the gang, disclosing that the age of […]

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""Securities"" March 20, 2022

AI, dual-use medicine, and bioweapons

Micah Baldwin / Flickr / Creative Commons

There was a hot zone of debate in scientific circles this week triggered by an article in Nature Machine Intelligence by Collaborations Pharmaceuticals, Inc.’s Fabio Urbina and three co-authors that explored what would happen if artificial intelligence tools for drug discovery were repurposed to find the most lethal toxins to the human body. Unsurprisingly, results […]

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""Securities"" March 13, 2022

Antitrust and the future of shareholders

spurekar / Flickr / Creative Commons

I popped over to Boulder, Colorado briefly this week for a moderated conversation on antitrust and the future of big tech with Nathan Schneider, a professor of media studies at the university there and who wrote “Everything for Everyone: The Radical Tradition that Is Shaping the Next Economy” and is currently editing Vitalik Buterin’s new […]

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