Tag: Finance
-
+
+
+
+
+
+
In 2009, a small startup called Square was raising its Series A. Andreessen Horowitz saw the deal and passed. That mistake cost them $4.8 billion. The Pitch Square (now Block) had a big idea: make it easy for small merchants to take credit cards. It had an awesome product: a…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
Venture-backed startups have created virtually all of the net new jobs since 1977. Of the top 5 US companies by market cap, every single one raised venture capital. Venture capital has a huge impact on the US economy, but few people understand how it works. In The Secrets of Sand…
+
+
+
+
+
+
+ Entrepreneur, Finance, Investing, Money, Reading, Silicon Valley, Startup, Startups, VC, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
Billionaire investor Carl Icahn took a massive loss Friday as his company, Icahn Enterprises (IEP), slashed its dividend by half. From a new report in Forbes: Shares of Icahn Enterprises plunged 25% Friday morning after Carl Icahn’s firm cut its quarterly distribution in half, leading to a $1.7 billion drop…
-
From AI chatbots to venture funding to rockets, the US isn’t just ahead of competitors. Increasingly, it has no competition at all. I met with a great entrepreneur from Japan this week who recently moved to New York. I told him how much I loved Japan when I visited. His…
+
+
+
+
+
+
+ Aerpspace, Entrepreneur, Finance, Investing, Space, Startups, Tech, United States, US, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
We are in the worst venture market in ten years, according to a new report from AngelList and Brex. Despite a strong NASDAQ, it’s harder to raise a round, get a markup, or reach an exit than at any point since 2013. From the report: Dating back to 2013, 2Q23…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
I read the deal memo and ran the numbers. Everything looked great. But was this company really legit? There was only one way to find out. The Mystery Shopper Method This afternoon, I dug into a promising telehealth startup. I liked it from the investor perspective — now I wanted…
+
+
+
+
+
+
+ Entrepreneur, Finance, Health, Investing, Medicine, Money, Silicon Valley, Small Business, Startups, Tech, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
I looked at the small pile of groceries on the conveyor belt. “How on earth is this $75?” A lot of us are feeling that way today as prices go through the roof. And I’m one of the lucky ones — for me it’s just an annoyance. But for many…
-
+
+
+
+
+
+
For the first few months of the AI craze, I stood pat. Now, it’s time to move. Sitting at this laptop two months ago, AI investments looked weak. I saw one startup after another at 9 digit valuations with minimal defensibility. Many were a thin wrapper for OpenAI and nothing…
-
+
+
+
+
+
+
“Can you give me a demo of your product?” That’s how I’m beginning just about every Zoom these days. Here’s why… A Demo’s Worth a Thousand Words I used to go straight to the deck. But over time, I realized the same deck could describe a dozen companies. You’re going…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
Startups need great engineers. Engineers want to level up with GPT-4. My latest investment, Micro1, solves both these problems at once. Micro1 is an amazing platform that connects you with the top 1% of engineers worldwide. They’re carefully tested by both AI and humans to make sure you get the best. Micro1…
+
+
+
+
+
+
+ AI, Artificial Intelligence, Engineering, Engineers, Finance, GPT, GPT-4, Hiring, HR, Investing, Money, Startups, Tech, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+