A VC

  • !Bearing Witness
    Yesterday afternoon I spent a couple hours sitting on the stage at the high school graduation ceremony for the Academy For Software Engineering. This evening I will spend another couple hours sitting on the stage at the high school graduation ceremon…
    - 12 hours ago 28 Jun 17, 8:32am -
  • Putting Harassment On The Table Vs Under The Table
    A lot has been written in the last week about the way the tech sector treats sexual harassment and a lot of suggestions have been made. I am particularly enthusiastic about what our fomer USV colleague Brittany Laughlin suggests, which is putting t…
    - 1 day ago 27 Jun 17, 7:00pm -
  • The Selloff
    My oldest daughter Jessica send me a message last night “what’s going on with Ethereum?”. I told her it was a selloff. I said that people who had made a ton of money in the run up over the last six months were taking profits and I thought it co…
    - 2 days ago 26 Jun 17, 10:30am -
  • Doing The Heavy Lifting
    Most venture capital investments are made, over time, by syndicates. This means a group of venture capital firms develops around a company, usually built over multiples rounds. Some of the firms in the syndicate agree to (or require) having a partner…
    - 4 days ago 25 Jun 17, 8:00am -
  • Video Of The Week: Unpacking Initial Coin Offerings (ICO) and Token Sales
    It’s a travel day for me. We are flying back home today after four weeks away. William told me to watch this video about ICOs and Token Sales. So I will do that on the flight home. Maybe you all might like to watch it too.
    - 5 days ago 24 Jun 17, 4:29am -

Both Sides of The Table

  • One Simple Way You Can Make an Actual Difference in Somebody’s Life
    Fresno State students receive supplies for school with help from Renaissance Scholars staff John Hunt, Jr. (left) and Kizzy Lopez (right).We’re all bombarded with social media campaigns asking for us to Tweet, share, like, change our badge, use a…
    - 2 days ago 27 Jun 17, 1:24am -
  • What is the Right Burn Rate for your Startup?
    One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is. That is, how much should your company be willing to lose in cash every month as you make invest…
    - 9 days ago 20 Jun 17, 6:05am -
  • Should Startups Care About Profitability?
    There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. One of them is whether profitability matters.It’s common cocktail party chatter to hear people confidently pronounce that s…
    - 9 days ago 19 Jun 17, 2:50pm -
  • Why You Shouldn’t Be Fooled by Your Own Expertise
    I am wired to discount people who have total assuredness in their point-of-view, have dogmatic positions or use data as a crutch or substitute for logic. I appreciate people who have strong opinions or conviction but expect them to constantly be test…
    - 38 days ago 22 May 17, 4:42am -
  • The Surest Sign You’re Winning is When Goliath Takes a Swing at You
    I’ve been involved with several startups where a giant incumbent attacks you and tries to sue you out of existence. When you first receive the threat it feels like the local pizza shop when they first get a call from the local mafia boss and you ca…
    - 42 days ago 18 May 17, 4:59am -

Tomasz Tunguz

  • Adoption Chain Risk - The Importance of Selling to Everyone in Your Startup's Supply Chain
    In the Wide Lens, Dartmouth Entrepreneurship professor Ron Adner explores the risks associated with innovation. Execution risk is the obvious one. Then there’s co-innovation risk, what might be called chained technology risk. For example, to bu…
    - 3 days ago 26 Jun 17, 12:00am -
  • What the Online Advertising World Can Teach Us about the Evolution of Machine Learning in SaaS
    In software, we’ve moved from a world where a customer buys a piece of software to run on their own infrastructure, to a world where a customer pays a vendor to run software on the vendor’s infrastructure. With machine learning, we may see anot…
    - 9 days ago 20 Jun 17, 12:00am -
  • Why Amazon's Acquisition of Whole Foods Matters for Startupland
    Amazon’s acquisition of Whole Foods is notable for many reasons. Of course, there’s the magnitude $13.7B. The second is the shockwaves reverberating through the grocery industry. Costco fell 10% and Kroger almost 25% on the news. Third, the acq…
    - 10 days ago 19 Jun 17, 12:00am -
  • How to Tell If You're a Great Manager
    I’ve been reading Fred Kofman’s book, Conscious Business. Written in 2006, the book summarizes Kofman’s experiences as a management consultant to some of the great leaders in technology and other industries. In the book, Kofman lists 12 quest…
    - 13 days ago 16 Jun 17, 12:00am -
  • The Intense Power of a Strong Company Culture
    Earlier this week, I spoke at 2U’s annual employee conference. Redpoint partnered with 2U at the Series A, and they are now a $2B publicly traded education company that powers online degree programs for Georgetown, USC, Syracuse, Berkeley, and Ya…
    - 15 days ago 14 Jun 17, 12:00am -

Semil Shah

  • The Story Behind My Investment in Protocol Labs
    Almost three years ago now (summer of 2014), a friend said I should spend some extra time looking at a new small company that had formed out of Stanford. I remembered seeing the company at Y Combinator’s Demo Day in August 2014. The presentation wa…
    - 17 days ago 11 Jun 17, 2:13pm -
  • The Story Behind My Investment In CARMERA
    Years ago, when I was working at a startup, I made my first trip down to SXSW. It was a blast. That weekend, I happened to stay in a house along with a bunch of folks from Disqus. I knew Daniel, the founder, a bit from before, as […]
    - 22 days ago 6 Jun 17, 9:37pm -
  • June 6, 2017: AMAx3
    On June 6th, I may break an Internet record — or, at least, try to. Next Tuesday, I will participate in three (3) separate, live “AMAs,” also known as “Ask Me Anything.” I have done of few of these already, and as someone who loves good que…
    - 26 days ago 3 Jun 17, 3:49am -
  • Guest Series On StrictlyVC: Q&A With Limited Partners In VC
    ** UPDATE ** I’ve added links to each specific interview posted on StrictlyVC with each of the LPs: -Sarah Anderson @ Cintrifuse – click here -Susan Chen @ UTIMCO – click here -Atul Rustgi @ Accolade – click here -Amit Tiwari @ INVESCO – cl…
    - 38 days ago 22 May 17, 4:11am -
  • The Story Behind My Investment In Remix
    A little over two years ago, the founder of Chariot, a company I was involved very early with, told me about another founder in his YC batch that he liked. He wasn’t sure if it was a good business (at the time), but he really vouched for the […]
    - 50 days ago 9 May 17, 3:40pm -

Brad Feld

  • !In The End, Entropy Always Wins
    I woke up to an email from a close friend of 25 years that his wife had passed away unexpectedly last night. She’d been fighting cancer for several years, had made progress, then had setbacks, and then made progress again. While I knew them both, I…
    - 5 hours ago 28 Jun 17, 4:02pm -
  • Women Forward in Technology Scholarship Program
    Are you a woman who is an undergraduate or graduate student enrolled full-time at an accredited university in the US, in a STEM field? If you are, you now have an opportunity to apply for a Women Forward in Technology Scholarship. Distil Networks j…
    - 1 day ago 27 Jun 17, 7:03pm -
  • I Don’t Accept This Apology
    I don’t believe that one starts an apology with the sentence “The past 24 hours have been the darkest of my life.” In my world, the apology is to another person. It’s not a tone setting exercise, or a plea for sympathy, for the one making the…
    - 2 days ago 26 Jun 17, 8:03pm -
  • Munger’s Psychology of Human Misjudgment
    I’m a huge Charlie Munger fan. I spent the weekend stewing on a few things, including why human beings do what they do. Andrew Wilkinson sent me this animated and abridged video of a famous Charlie Munger speech called The Psychology of Human Misju…
    - 2 days ago 26 Jun 17, 1:31pm -
  • A Clever Short Story About Discrimination
    On May 23rd, I got an email from one of my favorite sci-fi writers (and close friend) Eliot Peper. It was titled “My very first scifi short story” and said: “David Cohen shared the idea that inspired this story. I drafted it last week. Thought…
    - 6 days ago 22 Jun 17, 12:23pm -

Om Malik

  • How to deal with Internet’s daily data deluge
    Justin Blanton, who is one of my favorite bloggers outlines how he deals with the daily data deluge. He has some good tips, especially for those of us who are living in techlandia. Like Justin, RSS, Nuzzel and Newsletters are my favorite way to get i…
    - 2 days ago 26 Jun 17, 5:25pm -
  • Practice, don’t preach 
    After a hectic few weeks of travel, this morning I finally got a chance to get back into the routine of reading and replying to emails, tuning into the ether to get the latest updates on technology news, and most importantly, opening my writing app t…
    - 4 days ago 25 Jun 17, 2:38am -
  • Happiness
    “Happiness isn’t hiding somewhere in some fantasy land” – Pharrell Williams’ creative director, Mimi Valdez Photo: Ny-Ålesund, Svalbard. f13 1/90s, f=63mm, Leica SL & Leica Vario 24-90 SL lens
    - 14 days ago 14 Jun 17, 12:52pm -
  • The Art of Stillness: Adventures in going nowhere
    Pico Iyer is a philosopher who looks at the world from the lens of a travel writer. His books have a certain poetic quality to them. And I have been inspired by his work to travel to distant places. His latest book is not about going somewhere. Inste…
    - 15 days ago 13 Jun 17, 6:53pm -
  • A curious weekend
    After a long week, I am on a plane again. Perhaps like monk Matthieu Ricard, “For me a flight is just a brief retreat in the sky.” Or at least that is the justification I make to myself for constantly flying from one place to another. I am leavin…
    - 15 days ago 13 Jun 17, 6:47pm -

LifeSciVC

  • Hiring:  Using Your Team To Build A Team
    This blog was written by Ankit Mahadevia, CEO of Spero Therapeutics, as part of the From The Trenches feature of LifeSciVC. Much has been said about who and when to hire in this blog (here and here for example), butThe post Hiring:  Using Your Team…
    - 12 days ago 16 Jun 17, 10:42am -
  • Getting Personal at ASCO 2017: Precision Therapies, IO, and Autologous Cell Therapy
    This blog was written by Michael Gladstone, Principal at Atlas Venture, as part of the From The Trenches feature of LifeSciVC. The 2017 American Society of Clinical Oncology (“ASCO”) meeting concluded last week, providing patients, physicians, an…
    - 16 days ago 13 Jun 17, 7:28am -
  • The Road to Lexington: RaNA’s Midnight Ride Ignites the mRNA Revolution
    This blog was written by Brian Fenton and Paul Burgess, CBO and GC of RaNA Therapeutics, respectively, as part of the From The Trenches feature of LifeSciVC.  On April 18, 1775, Paul Revere was summoned by Dr. Joseph Warren ofThe post The Road to L…
    - 26 days ago 2 Jun 17, 10:53am -
  • Team Atlas Expands Its Roster With Kevin Bitterman
    We’re excited to announce Kevin Bitterman has joined Atlas Venture as a partner! Kevin is well known in the Boston biotech ecosystem, having spent the last dozen-plus years on the life science team at Polaris Partners. He brings a greatThe post Te…
    - 27 days ago 1 Jun 17, 10:33am -
  • Getting Struck Twice: Acquisitions & Spinouts In Biotech
    Lightning can definitely strike the same place twice, or so it seems in biotech. The latest example is True North Therapeutics’ recent acquisition by Bioverativ for its program addressing cold agglutinin disease, a type of rare autoimmune hemolytic…
    - 34 days ago 25 May 17, 10:56am -

Continuations

  • Scifi Book Recommendations: Seveneves and Three Body Problem Trilogy
    I love reading science fiction for two reasons: first, because of what I learn about the possible future and second, because of what it says about the present. For instance, I read a lot of William Gibson and Bruce Sterling and they correctly predict…
    - 2 days ago 26 Jun 17, 1:49pm -
  • Health Insurance and the R Word (Redistribution)
    There are a lot of outright lies (at worst) / profound misunderstandings (at best) on all sides circulating around health insurance at the moment. Today’s post is about the most fundamental one: the relationship between health insurance and redistr…
    - 4 days ago 24 Jun 17, 3:59pm -
  • Uncertainty Wednesday: Random Variables
    Just a quick reminder on where we currently are in Uncertainty Wednesdays: I had introduced the idea of measuring uncertainty, then we defined what a probability distribution is and learned about entropy, which is a measure of uncertainty that is sol…
    - 7 days ago 21 Jun 17, 12:07pm -
  • MongoDB Stitch: A Fresh Take on Backend As A Service
    Nearly 10 years ago, I wrote a post titled “I Want a New Platform” which led to our investment in MongoDB. At the time the company was called 10gen and had developed a Platform as a Service: a Javascript application server with a built in databa…
    - 8 days ago 21 Jun 17, 12:40am -
  • Getting Past the Dominance of the Nation State
    One of the important topics that I have not yet addressed in World After Capital is the role of the Nation State. So I am gathering up some of my thoughts in a post first. I believe it is critical that we get past the dominance of the nation state as…
    - 11 days ago 17 Jun 17, 7:50pm -

Hunter Walk

  • This Week’s Best Podcast: Well Made’s “Getting Back to Basics”
    Giddy. That’s how I feel when I see two Homebrew portfolio companies hit it off and collaborate. Lumi is powering modern retail customer experience by supplying high quality, well-priced packaging. Primary clothes kids in fashionable, functional st…
    - 3 days ago 26 Jun 17, 3:25am -
  • I Don’t Like Conferences But I Like Experiences. Trying WORLDZ.
    INTP. That’s my Myers-Briggs type. The “I” stands for Introvert and it means I rarely enjoy conferences. Well, I enjoy a few hours of them each day but jut don’t find the 24/7 nature of them to be very fulfilling. So the ones which break thro…
    - 5 days ago 23 Jun 17, 8:31pm -
  • Derek Nelson Emails 25,000 People Each Week With Ways To Resist Trump
    Re:act is a weekly newsletter reaching 25,000+ politically engaged recipients. It provides a few important ways to fight back against the Trump administration. And its origin isn’t tied to a well-established grassroots organization or George Soros…
    - 5 days ago 23 Jun 17, 4:04pm -
  • #GrabYourWallet Urges Consumers to Vote With Their Dollars, Not Just Their Ballots
    I’ve got nothing against non-traditional politicians and realize those who come from the private sector likely have a long list of business ties they need to manage. But I also believe our current administration has done little to separate its priv…
    - 6 days ago 22 Jun 17, 2:28pm -
  • Tommy Vietor is Saving the World, One Podcast at a Time
    Data analysis of my 2017 calendar would suggest a strong correlation between drives down to Silicon Valley and the Crooked Media podcast schedule. It’s really the only way to deal with 101 traffic. I’ve met the Crooked Media team at different eve…
    - 7 days ago 21 Jun 17, 3:20pm -