He acts as a board wipe and a win condition, and is up there with the best colorless cards MTG players should pick up if they plan on running a colorless-centric deck
Jump-start lets you cast instants and sorceries from your graveyard
Ever since the early days, specific creatures, spells, and artifacts have been far too powerful for the meta, forcing Wizards of the Coast to start restricting cards
Biotransference and Encroaching Mycosynth both make our creature spells trigger Alela and let us cast them off the top of the deck with Mystic Forge
You'd probably have to explain why spending nearly 30 grand on a single, unusable card was a good financial decision, though
A player with the initiative designation is said to have the initiative. The initiative carries two inherent rules