Machine learning is one of those things that practically every investor seems to ask about these days. The reason is that there is so much information and code available for free that at this point, if we come up with some good strategies, they aren’t years to implement. And we can actually finally improve the productivity (and joy) of knowledge workers in the ways J.C.R. Licklider first laid out in his 1960 paper “Man-Computer Symbiosis.” Read more at https://www.bootstrappers.mn/post/quick-machine-learning-wins-for-startups

A friend of mine was once asked how much his house was worth at dinner. He said “I guess whatever someone will pay for it.” I was pretty young at the time and don’t think I fully appreciated the wisdom of the comment. These days, I get a report from Zillow once a week that shows me how much they think my house is worth. And they’re pretty close to what I see houses in the neighborhood good for. But ultimately, the house is worth what someone would be willing to pay to buy it. If sold, I would walk away with the sale price of the asset (the house)…