Cataloging, Classification, Information Science, PKMs and YOU! - Knowledge management - Obsidian Forum

Cataloging, Classification, Information Science, PKMs and YOU! - Knowledge management - Obsidian Forum

Introducing Not Boring Capital

In the world of knowledge management, cataloging and classification play a crucial role. Cataloging refers to the process of organizing and structuring information, whether it be physical or digital. It is the act of deciding where things belong, be it on a shelf or in a computer system. Classification, on the other hand, involves the labeling and categorization of information. It is how we give meaning to the things we catalog.

When it comes to classification, there are various methods that can be employed. One such method is the use of controlled vocabularies. These are predetermined terms or phrases that are used to classify information. Unlike tags, which lack control and meaning, controlled vocabularies ensure consistency and accuracy in classification. As the saying goes, "a controlled term is worth a thousand tags." Therefore, it is advisable to favor controlled vocabularies and classification systems whenever possible.

Now, let's shift our focus to something entirely different - Not Boring Capital. Not Boring Capital is an $8 million venture fund that believes in investing in companies with compelling stories to tell. They not only provide financial support but also help these companies share their narratives with the world. Their investments primarily target Seed through Series B companies, occasionally dipping into pre-seed and growth-stage investments.

One might wonder, what sets Not Boring Capital apart from other venture firms? Well, the answer lies in the unique flywheel they have created. Not Boring Capital's founder, Packy McCormick, is not only an investor but also a talented writer. His writing skills not only make him a better investor but also offer a platform to showcase the stories of the portfolio companies. This symbiotic relationship between investing and writing creates a powerful flywheel that amplifies the impact of their investments.

Fintech is the leading vertical for Not Boring Capital. With six investments and a total investment amount of $525k, fintech takes the lead. However, Not Boring Capital's investment strategy encompasses three core categories: Core, Explore, and Growth. The Core category comprises investments with the potential to significantly contribute to the fund's returns in the best-case scenario. The Explore category involves smaller investments aimed at securing a seat in the next round or increasing deal flow. Although these investments may have high upside, they are not expected to individually return the fund. Lastly, the Growth category focuses on later-stage or safer investments with a lower ceiling and higher floor. These investments collectively have the potential to return the fund once.

Not Boring Capital's unique approach to investing and storytelling has garnered attention and support from readers and portfolio companies alike. With a community of over 60,000 people, the impact of their investments is amplified by the engagement and support of their readers. This reciprocal relationship between Not Boring Capital and its community is a testament to the power of knowledge sharing and collaboration.

Speaking of knowledge sharing, one cannot underestimate the importance of reading, writing, and investing. Packy McCormick, the founder of Not Boring Capital, has always emphasized these three activities. He believes that meeting and talking to smart people, reading and writing, and investing are the pillars of a fulfilling life. These activities not only expand our horizons but also enable us to contribute to the world in meaningful ways.

So, how can we incorporate these insights into our own lives? Here are three actionable pieces of advice:

1. Embrace the power of cataloging and classification in your personal knowledge management system. By organizing and labeling your information effectively, you can enhance your ability to retrieve and utilize knowledge.

2. Consider the value of controlled vocabularies in your classification efforts. By utilizing predetermined terms and phrases, you can ensure consistency and accuracy in your categorization process.

3. Cultivate a habit of reading, writing, and investing. These activities not only broaden your perspectives but also enable personal growth and contribution to the world around you.

In conclusion, cataloging, classification, information science, and knowledge management are essential components of effectively managing and utilizing information. Not Boring Capital's unique approach to investing and storytelling showcases the power of symbiotic relationships and the impact of knowledge sharing. By incorporating these insights into our own lives, we can enhance our personal knowledge management systems and contribute meaningfully to the world around us.