Venture capital and growth equity have a bias toward clean, linear stories. Up and to the right is easy to recognize, easy to explain, and easy to underwrite. When growth becomes uneven, we often ...

Nonlinear phenomena are phenomena, which, in contrast to a linear system, cannot be explained by a mathematical relationship of proportionality (that is, a linear relationship between two variables).

Statistical physics and thermodynamics provide a framework for relating the behaviour of microscopic particles to the macroscopic properties of a system. Thermodynamics casts these macroscopic, or ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The primary area of research is air-sea interaction, including the topics of surface wave dynamics, air-sea fluxes, upper ocean turbulence, including Langmuir circulations, and the remote sensing of ...