Second-order thinking represents a deliberate and nuanced approach to decision-making, in contrast to the impulsive and superficial nature of first-order thinking.
It involves considering the ramifications of one's actions over an extended period of time, contemplating not only the immediate outcome but also the potential consequences that may unfold in the minutes, days, weeks, and even months to follow.
It is an iterative process, constantly encouraging the individual to question the ramifications of their choices and to think multiple steps ahead.
Spawn has extended applications for one more week, closing Monday, January 23 at Midnight ET. As with all decisions, I encourage you to think of the short, medium, and long-term results of participating in the Studio or Fellowship :)
Learn more about second-order thinking:
The Most Important Thing: Uncommon Sense for the Thoughtful Investor
Second Order Thinking: Thinking Practice To Make Better Decisions
Second-Order Thinking: What Smart People Use to Outperform
- Jake
Student Spotlight
WTF is crypto?!
WTFcrypto is an educational newsletter teaching beginners about crypto, Web3, and NFTs in everyday language. It was founded by Northwestern student Noah Edelman, a friend of mine that has incredibly valuable insights about life and explanations about Web3. I highly recommend you check out and subscribe to his newsletter :)
Around the Block-chain
3AC founders Zhu and Davies pitch to raise $25 million for new crypto exchange (Source: The Block)
French Crypto Companies Must Seek Authorization by 2024 Under New Lawmaker Plans (Source: CoinDesk)
Amazon Web Services partners with Ava Labs to boost blockchain adoption, and Avalanche token skyrockets. (Source: Barron’s)
Get Involved 🔎
Events in Web3
Upcoming event to find frens:
Quantum Miami - Miami | Jan 25-27
Gain next level knowledge and network with thousands of brilliant crypto investors and blockchain pioneers in the heart of Miami
Metaverse - Gaming, Content and NFTS - San Francisco | Jan 24
Event for all things Metaverse featuring industry leaders like investors at OnePiece Labs
NYC Blockchain Network Meetup - at Yara - New York | Jan 19
Monthly meetup for crypto natives in New York
What We’re Reading
Some recommended reads from the Spawn Team
GPT-3 Is the Best Journal I've Ever Used by Every - Zuhair
Bitcoin open source implementation of P2P currency posted by Satoshi Nakamoto on February 11, 2009 - Jake; it’s always interesting to go back and read the comments on this post (people have imaginative minds).
What We’re Watching
Some recommended content from the Spawn Team
Product-market fit with Michael Seibel (Y Combinator) by HubHub - Art
Money, Ledgers & Bitcoin by Prof. Gary Gensler - Jake; I use these classes for talking points when I teach the undergraduate blockchain course at UT.
What’s new at Spawn?
Application deadline extended 🎉
Deadline: January 15th 23rd
Fellowship Application - A program for venture-forward and entrepreneurial students to research, analyze, and pitch projects of interest in Web3, all while working with students nationwide and mentors from leading companies.
Studio Application - A cohort of adept developers focused on building a real project, brought to you by Polygon.
I hope you like my little rants in the beginning. It’s always interesting to write about something I recently learned about. As always, reach out if you have any questions, comments, or just want to say what’s up. See you all next week.
— Jake