Category: Business
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When I invest in a startup, it’s just the beginning. I’m scrutinizing every update to see if this will be one of the few, the proud, the Follow-On Investments. The Feeler Bet I make a series of bets on the best companies, not just one. My first check is usually…
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As people come back to offices, the Bay Area vs. The Rest argument is back. So today, I thought I’d show you where I’m actually investing right now. I’ve invested in 26 startups in the last 28 months. Here’s where they’re located: SF: 5NYC: 4LA: 3Silicon Valley: 2Phoenix: 2Austin: 1Chattanooga,…
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+ Entrepreneur, Finance, Investing, Money, NYC, Silicon Valley, Startups, Stock Market, Tech, Venture Capital+
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“There’s no line of code that says ‘slow down for speed bumps.’ So it’s doing this based entirely on video training.” Elon Musk A New Kind of AI On Friday, Elon Musk demoed FSD 12, Tesla’s latest self driving software. Watching the demo is at turns nervewracking and exhilarating. Tesla’s…
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“What’s your ratio of good investments to bad investments?” a friend asked me recently. It was a darn good question — so I dug into my secret spreadsheet to find out. Most startup investments don’t work out. But how many losses does it take to find a winner? Let’s dig…
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“…in the bacon-and-egg breakfast of a startup, we were the chicken and the entrepreneur was the pig: We were involved, but she was committed.” Ben Horowitz, The Hard Thing About Hard Things Founders Lay It All on the Line We investors have the easy job. Write a check, shake the…
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+ Entrepreneur, Finance, Investing, Management, Money, Reading, Silicon Valley, Small Business, Startups, Venture Capital+
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“Still, I had to accept the impossible, final truth: GO was gone. Six years, hundreds of jobs, $75 million — all gone.” Jerry Kaplan ‘It Was Pure Magic’ In 1989, GO Corporation created the first tablet computer: the PenPoint. Twenty-one years before the iPad, PenPoint took computing from clunky towers…
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As China’s economy reels, youth unemployment has hit 21% — on par with Italy. A Dollar An Hour – With a College Degree From a Financial Times report: Job opportunities scream from posters at an employment fair in central China’s Zhengzhou. “Join us for the future!” urges one advertising positions…
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The Chinese social contract is simple: give us a good economy, and we’ll stay out of politics. The problem is, that contract is breaking down. The Chinese economy has 3 pillars. Today, all 3 are under extreme stress. The 3 Pillars Meanwhile, the US, China’s biggest trading partner by far,…
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Who do you think are the largest employers in America? General Motors, McDonald’s, maybe Starbucks? Just 14 years since the launch of Uber, gig work platforms are now 3 out of the top 5 employers in the country. Here’s Forbes’ list of America’s largest employers: Let’s add gig work. The…
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“We have $20 million worth of LOI’s with major companies in the space.” Whenever I see a phrase like that, I roll my eyes. Letters of Intent (LOI’s) are one of a series of what I call “meaningless metrics.” They’re supposed to show that a startup is doing well, but…
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Tremendous 