Christopher Chang @_chrischang
Investor New York, NY Joined September 2012-
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To understand human nature, read the older books. To develop specific knowledge, stay on the bleeding edge, read newer (technical) books. The best authors - Deutsch, Schopenhauer, Borges, Ted Chiang - write with very high density. The best authors respect the reader’s time.
TikTok US selling for <1x revenue… Maybe I’m missing something but this reminds me of the oligarchs in Russia, license raj in India, privatization in Mexico etc… being close to political power lets folks buy up crown-jewel assets at a fraction of their true value.
the first book that convinced me that it is worth studying the history of individual firms was "Let My People Go Surfacing": the history of Patagonia not because I liked their weird anti-consumerism, but because the company is an incredible exercise in picking your constraints
Legendary venture investor @ganeumann flips the hottest assumption in business: AI’s disruption is real, he argues, but the profits won’t accrue where the hype says they will. Instead of minting a generation of model builders and app startups, this revolution looks more like…
Someone once told me that ideal person lives their life being pulled equally between the monastery, the academy and the marketplace. It's the tension of each that creates the most insightful and interesting lives. Colin is a great example of this and there's nobody better than…
Someone once told me that ideal person lives their life being pulled equally between the monastery, the academy and the marketplace. It's the tension of each that creates the most insightful and interesting lives. Colin is a great example of this and there's nobody better than…
I sometimes help my friends rewrite their announcements/launches/blog posts for Twitter. Sharing what ends up commonly helpful. 90% of my value ends up being just getting them to say what they're trying to say. Literally the first thing I do is discard their current draft,…
an important lesson in software investing is that there are markets (food delivery etc) where there is no resonable way to justify the exuberant prices being paid on the way up but are shockingly great once they wash out, that the past-exuberance/lower cost of capital is a moat
Observing some people close to me with chronic health conditions, it's striking how useful Reddit frequently ends up being. I think a core reason is because trials aren’t run for a lot of things, and Reddit provides a kind of emergent intelligence that sits between that which any…
i suspect society was better off with phone call culture than meeting culture
Every workflow is a vertical AI company waiting to be built. Entire companies were built around payroll and signing documents. Agents unlock what hasn’t been practical. @levie: “You can underwrite thousands of these companies emerging.”
Every workflow is a vertical AI company waiting to be built. Entire companies were built around payroll and signing documents. Agents unlock what hasn’t been practical. @levie: “You can underwrite thousands of these companies emerging.” https://t.co/TIbbYK4Fz1
For those who care about K-12 education and the future of AI in the classroom, this is a must-listen podcast with Joe Liemandt, principal of @AlphaSchoolATX.
For those who care about K-12 education and the future of AI in the classroom, this is a must-listen podcast with Joe Liemandt, principal of @AlphaSchoolATX.
Saw a talk this week on the trippiest thing: bacterial cultures on skin induce immune responses. At Michael Fischbach's lab, they demonstrated immunizing mice against tetanus by just dabbing an engineered version of a harmless staph culture on its head. Unlike intramuscular…
The more I use X, the more I realize it’s more about the characters—not the niche. Somehow I ended up deep in the X real estate community. I don’t own any real estate. But seeing the recurring cast members of this “tv show” is a great content experience: each character has their…
The more I use X, the more I realize it’s more about the characters—not the niche. Somehow I ended up deep in the X real estate community. I don’t own any real estate. But seeing the recurring cast members of this “tv show” is a great content experience: each character has their…
CREDENTIALS DON’T MATTER Over the last few months, I’ve seen several A+ execs and operators flounder and fail at AI startups, while young “inexperienced” builders have crushed execution and performed superbly. It’s the biggest discontinuity in talent evaluation I’ve seen in my…
One of my favorite clips from Ackman, detailing how he handled Elliott taking a position in his company "I envisioned an end where the divorce takes all my resources, the permanent capital vehicle gets liquidated, and another activist in my industry puts me out of business"
I just realized something most people are going to lose when (as they inevitably will) they start using AIs to write everything for them. They'll lose the knowledge of how writing is constructed.

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