The BBN Fund

A year ago, I wrote a post saying I’d be taking a half-step back from this Substack in 2025. I adore writing FreakTakes, but I needed more time to throw myself into what I felt was the most important problem I could be working on: building more BBNs.Since then, some version of the following paragraph has graced the top of an astonishing number of operational documents I’ve written.A close reading of ARPA’s early history yields a key lesson: exceptional projects were usually the result of excepti...