Browsing archives for 'Business'

Indicating social proof in the VC fundraising process

Business , Pyschology 28 June 2011 | 3 Comments

Bryce from OATV’s post a while back stirred up some debate over Angel List.  It was an important post in my opinion, but one line really stuck out to me. Given that most companies seeking funding at this stage have little to no revenue, low user numbers and light usage data AngelList puts a tremendous amount of [...]

Which comes first? Filling out a two-sided network

Business , Technology 7 April 2011 | 1 Comment

Lately, I have been thinking a lot about the classic ‘chicken and the egg’ problem that network businesses face every day in the early stages of the corporate lifecycle.  As I noted in my post “The power of a simple business model,” when network effects are present in a business, the value of the business [...]

Warren Buffett and optimism for our future

Business , Investing , Philosophy 26 February 2011 | 0 Comments

I’ve long been a huge fan of Warren Buffett and Charlie Munger – their words of wisdom often go beyond the narrow confines of ‘value investing’ and into every day life. Contrary to the tone of what you might read on the front page of newspapers or on CNN.com, Buffett’s latest Berkshire Hathaway annual letter [...]

Knowing where the pipes are buried

Business , Philosophy 17 February 2011 | 0 Comments

One of the tenets of investing is similar to what any company or sports team strategically attempts to do every day: find a competitive advantage. In investing, an advantage can come in three forms: analytical, psychological or informational. Analytical advantages come from being able to analyze data better than others, which is very hard to get. [...]

The opportunity for an academic graph

Business , Pyschology , Technology 23 January 2011 | 0 Comments

Rafael Corrales’ post about reaching out to his Professors to get their top papers (in order to find great ideas) pointed out a glaring shortcoming (and therefore opportunity) in academia. I posted in the comments to his post that there are two major shortcomings: Content is primarily behind walled gardens. It’s a pain to get access [...]

An engineering mentality

Business , Philosophy 18 January 2011 | 0 Comments

In many cultures – but unfortunately not to the same extent here in the United States – being an engineer is one of the highest status positions one can have, on par with being a medical doctor.  Even the US, rewards are reaped as engineers command far above average salaries.  Statistics show that the college major [...]

Why marketing your company is changing

Business , Technology 10 May 2010 | 0 Comments

Just two quick tidbits that show how/why the marketing/distribution world is changing. Both I feel are fairly telling without much explanation. The first I found in a presentation from Drew Houston of Dropbox and Adam Smith of Xobni: The second comes from Conan O’Briens recent talk at Google; fast forward to the 15 minute mark [...]

The software patent debate

Business , Misc 10 May 2010 | 0 Comments

There is an interesting debate raging right now about software patents – which fall under the purview of “business process patents.”  Fred Wilson posted this video recently to AVC.com and I feel it sums up the issue succinctly. It’s well worth a watch if you have a free half hour.  (Also don’t worry about the [...]

Thoughts on “non-consensus right”

Business , Investing , Technology 25 March 2010 | 3 Comments

A recent TechCrunch article about the launch of Floodgate, a seed-stage investment company run by Mike Maples and Ann Miura-ko, highlighted Maples’ approach to investing: he looks for ideas that are “non-consensus right.”  While every investment has to be “right” otherwise it won’t work out (pretty logical…), not every investment firm/VC looks to be non-consensus.  Indeed, [...]

15 misconceptions and mistakes of entrepreneurship

Business 21 February 2010 | 2 Comments

Mark Gerson, founder of Gerson Lehrman Group (possibly the most successful financial services start up of the decade), spoke Sunday at the Harvard Business School Entrepreneurship Conference.  Having been familiar with (and jealous of) the disruptive nature of GLG since my days in equity research, I awaited the talk with eager anticipation.  His talk did [...]