j.r. leonard

There's been a lot written about the toxicity of "hustle" culture (which I loathe). But nobody's really examined it as a financial phenomenon. Moving to a city, getting up at 4 AM to "grind" for the unlikely shot that you're going to hit it big.

On the surface that doesn't really look like finance, it's essentially a individual version of the asymmetrical bets that VCs make all the time, except you're putting your whole life on the line, and unlike VCs, you don't have the benefit of limited partners or diversification.