Opportunity Cost By editor on January 28, 2018 — 1 min read I’m at war against bad ideas. There are all these fantastically talented engineers that should be working on the substantive ideas of our time. The reality is, they could just as easily be convinced to work on something that some would say is the nth derivative of something. We have to fight that tendency, even... More
Principals as Investors By editor on January 27, 2018 — 1 min read It is so crucial for more and more principals to invade the investing ranks. It’s so crucial for a more inclusive set of people with a broad and diverse, ethical, worldview not tied to money to be in the investing class. Because those two cohorts will hold the line much better than agents do. Much... More
Soulless Cowards By editor on January 27, 2018 — 1 min read Venture is a bunch of soulless cowards. They’re well-intentioned, soulless, cowards. They have fallen for what everybody else falls for. Which is: “Here’s this gold star, and they choke it really tight and say, ‘I don’t want to lose this gold star.’” And then what happens? You go risk-off. Then what happens? Your behaviors are... More
