A Technical Cofounder Tells You How To Find Your Technical Cofounder, Where The Stuff We Return to Amazon Goes, a Benchmark VC on Rethinking Your AI Startup, and More….

Playing Different (Stupider) Games The Other End Of The Valuation Stick [Kyle Harrison, Contrary Capital] — Kyle puts out a new essay (almost) every Saturday and I really enjoy his consistent and clear eyed POV on venture capital. There’s a group of us who I describe as “in the industry but not of the industry,” in the sense that we understand and embrace the jobs we have but don’t put everything about venture on to a precious pedestal. Here he blends some separate observations about Tiger, AI, Chamath to be what I’d call, tangibly philosophical:

“In the world of building and investing in companies, there are a LOT of different games at play. The only way to avoid finding yourself playing a stupider game is to look around and understand the games that everyone else is playing. And adjust accordingly.”

What Happens to All the Stuff We Return [David Owen/New Yorker Magazine] — How online shopping and reverse logistics tilted a bunch of assumptions about returns (and costs of return policies) on their heads. I love the intricate specialization of different supply chain nodes — the people who just route goods to resellers; the ones who repair…