A VC

  • !Driving Yourself vs Being Driven
    Living in LA has always meant owning a car. I remember when the Gotham Gal was a senior in college and got a semester long internship in LA. Her first comment to me back then was “now I have to get a car.” She got one. It was a little Datsun two…
    - 7 hours ago 25 Feb 18, 6:46pm -
  • Video Of The Week: How To Emerge From The Internet Dark Ages
    In this talk, Muneeb Ali, founder of our portfolio company Blockstack, calls the period we are in right now “the dark ages of the Internet” and explains why he sees it that way. He goes on to talk about how we can emerge from this period.
    - 1 day ago 24 Feb 18, 2:45pm -
  • Funding Friday: The L-Ternative Bridge
    Every day 300,000 people take the L train to and from work. I am not sure if that is 300,000 people or 150,000 people going in and out, but either way, it’s a lot of people. And the MTA is going to shut down the L train for 15 months, starting in A…
    - 2 days ago 23 Feb 18, 3:32pm -
  • The Promise Of Parkland
    This post is not about the tragedy that happened at Parkland or the gun safety debate that has been re-energized by it. Those are both worthy topics but I’m not opining on them today. I do hope that this tragedy, among so many like it, will result…
    - 3 days ago 22 Feb 18, 3:33pm -
  • The Square and the Tower: Networks and Power, from the Freemasons to Facebook
    I listened to Sam Harris talk to Niall Ferguson yesterday on Sam’s Waking Up podcast. Niall is a historian, an author, a journalist, and an academic. He has just published a new book on a topic that is near and dear to me, USV, and many of you; net…
    - 4 days ago 21 Feb 18, 5:46pm -

Both Sides of The Table

  • !How Tech Leaders & Venture Capitalists Can Get Out of Our “Man Box”
    If I had just one wish for VCs it would be that they would preview the Ted Bunch “Man Box” talk at the Upfront Summit at their Monday Partner Meetings. I would love it if startup leadership teams would preview it to their executive leadership.We…
    - 20 mins ago 26 Feb 18, 1:30am -
  • Three Bitcoin Billionaires Share Their Story of How They Moved Early into the Asset Class
    At the recent Upfront Summit my partner Stuart Lander had the opportunity to show some California Love and interview three of the wealthiest Bitcoin owners, each of whom were some of the earliest owners in the asset class and who haven’t sold any o…
    - 3 days ago 23 Feb 18, 4:29am -
  • “What Unites Us” —Important Lessons from @danrather at the #UpfrontSummit
    “The institution of a free press in America is in a state of crisis greater than I have ever seen in my lifetime, and perhaps in any moment in this nation’s history.” — Dan RatherI sat down to interview Dan Rather at the 2018 Upfront Sum…
    - 6 days ago 20 Feb 18, 7:43am -
  • Why Female Founder Office Hours is So Important
    If you haven’t yet heard about Female Founder Office Hours it is an initiative you should be aware of whether you’re male, female or any other gender identify. The idea is simple enough: several female VC partners at top funds will hold 1-hour me…
    - 11 days ago 14 Feb 18, 8:01pm -
  • The Breakthrough Presentation that Stole the Upfront Summit
    If a picture is worth a thousand words then you already know that Chamillionaire is having a great time with his new startup Convoz. He’s here on stage with Snoop Dogg and they had just dialed in Shaq to record a live video for his platform. It was…
    - 14 days ago 12 Feb 18, 6:21am -

Tomasz Tunguz

  • Dropbox S-1 Analysis - The King of Freemium
    Founded in 2007, Dropbox epitomizes the freemium go-to-market. Dropbox has grown from 0 to 500 million users over that time period. 2% of those users convert to paid and pay an average of $9.33 per month. 90% of revenue originates through self ser…
    - 2 days ago 24 Feb 18, 12:00am -
  • The ROI of Cash Burn for SaaS Startups
    What should be the return on investment of a startup’s cash burn? Fred Wilson posed this question last year in his post Some Thoughts on Burn Rates. In that post, he suggests, and I agree, that a 5x ROI on cash burn is a good target.How does o…
    - 6 days ago 20 Feb 18, 12:00am -
  • Startup Best Practices 27 - How to Use Options to Retain Key Employees in Your Startup
    You’re two or three years into your startup. You have hired a great team and want to retain them. It’s time to consider refreshing their stock options to motivate them to stay longer. How many options should you grant to each employee?Startup…
    - 10 days ago 16 Feb 18, 12:00am -
  • Things to Consider When Designing Your Startup's Logo
    How should you think about designing your startup’s logo? The mark symbolizes your business. It’s destined to be ubiquitous.Business cards, ads, hoodies, mobile apps, water bottles, even custom sneakers may bear the logo.In the most recent e…
    - 11 days ago 15 Feb 18, 12:00am -
  • Clarity of Purpose - The Competitive Advantage of Focus
    20 years ago, a newly minted billionaire worked in his office. Fluorescent lights, a dingy purple carpet, and a CRT monitor resting on a door. Not a desk - those were too expensive - a door supported by 4x4s, brackets and wood screws. In his 60 Min…
    - 15 days ago 11 Feb 18, 12:00am -

Semil Shah

  • The Story Behind My Investment In 1confirmation
    Mid-way through 2017, a close friend of mine said “Hey, remember Nick? He’s raising a fund. You should ping him.” So, I pinged Nick. It had been nearly three years since we really chatted. It turned out that Nick, who had been a very early...
    - 2 days ago 24 Feb 18, 6:18am -
  • Dangerous Assumptions
    When folks ask “Hey, how’s it going?” I usually respond with “Can’t complain” or “Optimistically paranoid!” It is really how I feel. First off, how lucky are all of us — founders, investors, limited partners, journalists, early empl…
    - 15 days ago 11 Feb 18, 5:45am -
  • Investing Notes From The Upfront Summit (2018)
    It is probably my favorite “big” tech conference of the year. Every year, in late January, hundreds of VCs and LPs make the trek to Los Angeles for The Upfront Summit, hosted by the team at Upfront and their local sponsors. If Twitter is the...
    - 21 days ago 4 Feb 18, 6:41pm -
  • The Story Behind My Investment In Wag
    Back in early 2015, while I was a venture partner with Bullpen, the guys there remarked about one of their portfolio founders on a continuous pivot with his company and that while it seemed crazy, they admired the team’s craftiness in hunting for t…
    - 22 days ago 4 Feb 18, 12:11am -
  • The Story Behind My Investment In New Knowledge
    If you can remember back nearly two years ago, the tech startup chatter was consumed by a fascination with bots. This was during a time when Facebook Messenger experimented with bots for brands, and when the ecosystem went a little overboard in its h…
    - 29 days ago 28 Jan 18, 12:54am -

Brad Feld

  • !Q118 Vacation
    Amy and I have learned that I need a Q1 vacation earlier in Q1 (vs. waiting until the end of March). We were apart for ten days because of a trip she took to Africa, so we went to San Diego for a week. I played tennis every day for 90 minutes. I took…
    - 8 hours ago 25 Feb 18, 5:52pm -
  • New Book: The Startup Playbook
    My longtime friends Rajat Bhargava and Will Herman are launching their new book today. I wrote the foreword and was a reviewer. I’ve worked with both Raj and Will for over two decades – as a co-investor, co-founder, board member, and co-director.…
    - 7 days ago 19 Feb 18, 1:00pm -
  • Nima Peanut Sensor Pre-Order
    Less than a year after releasing its first product, Nima announced its highly anticipated peanut sensor is now available for pre-order, adding an allergen to its connected food sensor platform. If you have a peanut allergy, Nima is a must have. Pre-o…
    - 10 days ago 15 Feb 18, 3:26pm -
  • Happy Valentine’s Day
    Amy arrived home from Africa yesterday evening around 6pm. She had been gone for 12 days and, while she had an awesome trip, we missed each other terribly. She arrived home to a bunch of early Valentine’s Day stuff like a hot bath. I figured it wa…
    - 11 days ago 14 Feb 18, 5:05pm -
  • JumpCloud is Hiring 50 Engineers in Boulder
    JumpCloud, one of the fastest growing companies in Colorado, is looking for awesome Developers, QA engineers, DevOps admins, and Customer Success Engineers. Over the next year, they are planning to hire 50 people for the engineering team and about 70…
    - 12 days ago 13 Feb 18, 4:51pm -

Om Malik

  • !From launch to IPO, Dropbox hasn’t changed much
    This week Dropbox filed for an IPO, and it brought back a lot of memories.  In 2007, I first wrote about the company and I was mostly enthusiastic. Here is what I said: While it seems that everyone wants to develop a better syncing or storage or sha…
    - 13 hours ago 25 Feb 18, 1:15pm -
  • !Hawaii 5-1-3
    I recently shared a set of six photos from Hawaiian island of Oahu with my followers on Instagram. I asked them to pick their favorites and tell me why. A majority chose these three photos. I am publishing them in the declining order of votes. If you…
    - 22 hours ago 25 Feb 18, 3:33am -
  • My New Pi.co Interview: Ragnar Axelsson
    I’d like to introduce you to Ragnar Axelsson, an Icelandic photographer who is well-known for chronicling the lives of subsistence hunters, fishermen, and farmers in the Arctic, the North Atlantic, Northern Scandinavia, and Siberia. Rax, as he is a…
    - 3 days ago 22 Feb 18, 9:54pm -
  • Why Buzzfeed CEO Jonah Peretti Loves & Hates Facebook
    When thinking about Vox Media and its troubles today, I was reminded of some recent comments by Buzzfeed CEO Jonah Peretti, on why platforms need to pay/help monetize their content in the news feed. I have watched with amusement how he has changed hi…
    - 4 days ago 21 Feb 18, 11:01pm -
  • Some thoughts on Vox Media layoffs
    I have some thoughts on Vox Media — most of them in the native video efforts. Vox like many of its peers took a big bet on Facebook Video efforts and essentially ended up finding out that when it comes to Facebook, it is the house and the house alw…
    - 4 days ago 21 Feb 18, 8:49pm -

LifeSciVC

  • Two’s Company, Three’s Diversity
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    - 14 days ago 12 Feb 18, 11:14am -
  • Bringing The Human Element Full Circle Thru Adaptive Ski Coaching
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    - 18 days ago 8 Feb 18, 11:48am -
  • When Does Digital Health Become Just Healthcare?
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    - 19 days ago 7 Feb 18, 11:25am -
  • We Saw It Coming In Pharma: Now Gene Therapy Is Biotech 2.0 For Rare Diseases
    We've Moved! Update your Reader Now.This feed has moved to: https://lifescivc.com/feed/Update your reader now with this changed subscription address to get your latest updates from us.
    - 25 days ago 1 Feb 18, 11:59am -
  • So, Your Board Asked For A Deal This Year?
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    - 27 days ago 30 Jan 18, 12:08pm -

Continuations

  • Crypto/Blockchain Safe Harbor
    During the initial growth of the Internet, the United States enacted a variety of Safe Harbors, such as the DMCA, that allowed new innovation to unfold. We now need a similar approach to crypto tokens in order to help build the blockchain infrastruct…
    - 5 days ago 21 Feb 18, 12:40pm -
  • The Power of Continued Innovation: MongoDB Adds Transactions
    Yesterday I did a fireside chat at our portfolio company Shippo and someone asked the question how a company can continue to be successful and grow over a long period of time. My answer was: continue to innovate. A company that wonderfully represents…
    - 9 days ago 16 Feb 18, 2:35pm -
  • Uncertainty Wednesday: Spurious Correlation (Part 3)
    So the last two Uncertainty Wednesday posts have been about spurious correlation. Today, I want to give an example of easy it is to observe spurious correlation. To that end I wrote a little Python program which I will show below that rolls two indep…
    - 11 days ago 15 Feb 18, 12:03am -
  • World After Capital: Digital Technology (Zero Marginal Cost)
    NOTE: Last week’s blog post was the current introduction to my book World After Capital. Today’s post covers the first half of the chapter on Digital Technology, which discusses how zero marginal cost is unlike anything found in the analog world.…
    - 13 days ago 12 Feb 18, 4:54pm -
  • Uncertainty Wednesday: Spurious Correlation (Cont’d)
    Last Uncertainty Wednesday, I introduced the topic of spurious correlation. Since then I have discovered a site that gives some fantastic examples of (potentially) spurious correlations. Here is one:The coefficient of correlation is 0.9926, i.e. almo…
    - 18 days ago 8 Feb 18, 1:31am -

Hunter Walk

  • For Fundraising, Seed is No Longer a Round, It’s a Phase
    Want to know the biggest challenge Satya and I faced when announcing Homebrew’s third fund? How to describe the moment in time we seek to invest. “Early stage” has been coopted by billion-dollar VCs who try to shoehorn a $10m ARR SaaS company i…
    - 5 days ago 20 Feb 18, 8:11pm -
  • SoCal Stunners: Why Homebrew Has Gone South
    There’s a question we ask ourselves when investing in a startup outside of the Bay Area: is their location a positive for the company? We believe great companies can be built in many locations – not just beloved Silicon Valley – but we do want…
    - 11 days ago 15 Feb 18, 3:29am -
  • Raised Homebrew III To Continue Backing New Startups
    I try to post here at least once every 14 days and if I don’t, it’s usually a bad sign. This time the lag was for *good* reasons: Satya and I were finishing up the close of our third Homebrew venture fund, a $90m commitment to back new startups.…
    - 12 days ago 14 Feb 18, 1:35am -
  • What Happens to Farming When Water Is 10x More Expensive & Labor Is Scarce?
    I haven’t written much about Homebrew’s investments in the agriculture space but there are two of note, and both are based on beliefs which might be controversial to some. Our global food supply chain still functions as if water is free and limit…
    - 31 days ago 26 Jan 18, 1:49am -
  • We Don’t Talk Enough About Money In Silicon Valley. No, Really.
    “Look, I’m incredibly thankful for this industry. It made me a millionaire.” The person seated across the table from me went through a series of facial microexpressions as I said this — surprise, disgust, analysis and finally, calm. We don’…
    - 46 days ago 10 Jan 18, 11:20pm -