“Pre-registering experimental predictions by using for example Fatebook helps me notice when I should be surprised and update my model of the world.”
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Said on LessWrong (Curated & Popular)
How I Invest with David Weisburd · E437: Doug Beyer on Raising Capital, LP Psychology & GP Stakes
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maintain continuous, transparent communication with LPs (share good, bad, ugly; avoid surprises; provide concise updates)
“Pre-registering experimental predictions by using for example Fatebook helps me notice when I should be surprised and update my model of the world.”
“In exchange, you can have fee concessions… you're really taking that stake in exchange for providing material LP capital.”
“We've got a very transparent culture. So we share the numbers with everybody in the agency.”
“I avoid recurrent meetings… Slack and huddling Slack… for tasks, communication, chats”
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