Category: Technology
-
+
+
+
+
+
+
“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…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
“…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…
+
+
+
+
+
+
+ Entrepreneur, Finance, Investing, Management, Money, Reading, Silicon Valley, Small Business, Startups, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
“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…
-
+
+
+
+
+
+
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…
-
+
+
+
+
+
+
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,…
-
+
+
+
+
+
+
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…
-
+
+
+
+
+
+
“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…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
Seed investors are souring on AI startups. Seed funding for AI and machine learning startups is down by over 50% year over year, according to a new report by Fortune: “I think investors are growing a little bit fatigued with the seed investments they made two to six months ago…
+
+
+
+
+
+
+ AI, Artificial Intelligence, Finance, Investing, Money, Silicon Valley, Startups, Tech, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
While I was doing some Googling last week, a little box popped up. “Use generative AI?” I was skeptical…could it really compare to GPT-4? But I had to give it a shot! For the last few days, I’ve been running one query after another through the new Google Search Generative…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
Why do I love down markets? What do venture capitalists and Hasidic diamond merchants have in common? I dug into that and more at a great Q&A session recently with interns at Starta VC in NYC. Here are some of my favorite moments: 10:13: How pro rata rights work. 12:16:…
+
+
+
+
+
+
+ Entrepreneur, Finance, Investing, Money, Silicon Valley, Small Business, Startups, VC, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
Tremendous 