Essays on Inclusive Stakeholding

The story we’re telling is simple: as humans have globalized, family values have not scaled well. Not so many lifetimes ago, we lived in kin tribes where our interests were aligned according to the principle of inclusive fitness—or kin skin in the game. Unfortunately, kin skin in the game is maladapted to our modern era, as fake news, fake foods, and fake politicians endemic in our society are catalyzed by the exclusive stakeholding associated with low alignment of interests among strangers. We wrote this book to help the world reimagine new types of social, political, and economic institutions for the global village. The social contract of the future will be based on the First Principle of Humanity: the principle of Inclusive Stakeholding—through the vested interest in the success of others, an attribute that was inherent in the inclusive fitness of our prehistoric social systems. The time has come for Inclusive Stakeholding.

Conrad Yun has over 20 years of experience as an investor and entrepreneur. Conrad manages a family office with investments across a range of public and private assets, including in numerous startups. Conrad is also Executive Director of Yun Family Foundation and its affiliate Palo Alto Institute, which are nonprofits sponsoring initiatives in the areas of aging, nutrition, childhood diseases, technology and art. Previously, Conrad worked in the technology sector as an executive and founder of startups in Europe and Asia and also as a corporate lawyer at Cravath, Swaine & Moore. Conrad is a CFA charterholder and holds a JD from University of Chicago Law School and a BA from Harvard University. Eric Yun is a Director of Yun Family Foundation. Dr. Joon Yun is President of Palo Alto Investors LP a hedge fund founded in 1989. Board certified in radiology, Joon served on the clinical faculty at Stanford. Joon is a trustee of the Salk Institute and was the $2 million founding donor to the National Academy of Medicine Aging and Longevity Grand Challenge. Joon holds a MD from Duke Medical School and a BA from Harvard University. He has been to Burning Man the past 20 years.