A VC

  • !Video Of The Week: Why Toddlers Are Smarter Than Computers
    I saw Gary Marcus give a talk at the NYU AI Event I blogged about this past week. In that In that talk, he suggested that Deep Learning wasn’t going to get us all the way to where we want to get in AI. I thought it was an interesting take on AI, pa…
    - 3 hours ago 29 Apr 17, 10:44pm -
  • Funding Friday: Wines Of The French Alps
    I woke up this morning to find this tweet in my feed: Projects worth funding: Wink Lorch’s Kickstarter project: Wines of the French Alps https://t.co/zfp6uytR5u @kickstarter #wine — awaldstein (@awaldstein) April 28, 2017 And I immediately knew w…
    - 2 days ago 28 Apr 17, 10:13am -
  • The AI NexusLab
    NYC is an emerging hub for AI and AI startups. That is because of the large number of mathematicians, scientists, and programmers trained in AI who work on wall street, because of leading institutes like NYU’s Courant School that work on cutting-ed…
    - 3 days ago 27 Apr 17, 9:55am -
  • Etsy Studio
    Yesterday was a big day for Etsy, a company that I have been invested in for eleven years and on the board of for ten of them. The company launched Etsy Studio, an entirely new marketplace dedicated to craft supplies. Craft supplies have always been…
    - 4 days ago 26 Apr 17, 9:23am -
  • My Talk At MIT
    I mentioned a few weeks ago that I was going to give the first annual Georges Doriot Lecture at MIT. I traveled up to MIT on April 13th and gave this talk. I really enjoyed doing it and I want to thank MIT for doing it.
    - 5 days ago 25 Apr 17, 10:51am -

Both Sides of The Table

  • Getting Your Head in the Game for Fund Raising
    When you run a startup you’re always on borrowed time. You have cash in the bank, a monthly burn rate and a “cash out” date that few in the company truly comprehend. I’ve never met a founder who wasn’t acutely aware of his or her ticking ti…
    - 6 days ago 24 Apr 17, 4:33am -
  • How MakeSpace Recently Closed $30 million in New Funding
    Just over a year ago I wrote about how MakeSpace had raised $17.5 million in capital to build out its operations in 4 cities: New York City, Los Angeles, Chicago and Washington D.C. I pointed out that the storage market in the US alone is ~$30 billio…
    - 9 days ago 20 Apr 17, 4:43pm -
  • Why Great Executives Avoid Shiny Objects
    The modern world is filled with constant distractions. Only those with maniacal focus on results and a willingness not to engage in every activity achieve extraordinary results.As executives we’re all seemingly accessible at any moment to anybody v…
    - 17 days ago 12 Apr 17, 6:54pm -
  • Why 2017 Should be a Great Year to Raise Venture Capital
    Recently Upfront Ventures published its outlook for the technology startup world and venture capital overall titled it “WTF Happened to Winter?” The conclusion of our report was that winter did come, but it was mild and short. This was driven by…
    - 48 days ago 12 Mar 17, 3:48pm -
  • Why the LP Outlook is Good for Venture and Startups in 2017–2020

    - 54 days ago 7 Mar 17, 4:28am -

Tomasz Tunguz

  • My Algorithm is Better than Yours
    My algorithm is better than yours. My algorithm performs better on the precision/recall tradeoffs. It surfaces fewer false positives. It converges to an answer faster. Perhaps it requires a bit less data. Those statements might all be true. But non…
    - 4 days ago 26 Apr 17, 12:00am -
  • A Tale of Two Go To Market Strategies
    There approximately 22 million trucks in the US. Many of these trucks run software to track the location of the vehicle, manage inventory, and comply with regulation. There are two SaaS companies operating at greater than $100M in ARR in the space…
    - 6 days ago 24 Apr 17, 12:00am -
  • Is There a No Man's Land in SaaS ACVs?
    A founder asked me recently if a dead zone in ACVs (average contract value) exist around the $10k price point. Yesterday, I listened to a podcast in which an executive asserted that infrastructure software priced lower than $250k in ACV threatens t…
    - 9 days ago 21 Apr 17, 12:00am -
  • When Machine Learning Just Isn't Enough
    At SaaStr earlier this year, I spoke about the huge potential of machine learning in SaaS. In that talk, I broke down some of the advances in ML that might be useful for software companies. In the discussion that ensued, I stressed the importance o…
    - 11 days ago 19 Apr 17, 12:00am -
  • The Four Dimensions of a Demand Generation Portfolio
    After a startup establishes product market fit, scaling demand generation becomes the the next major challenge. Doubling or tripling ARR each year for several consecutive years is not easy. The best marketers create a demand generation portfolio. T…
    - 13 days ago 17 Apr 17, 12:00am -

Semil Shah

  • !Recruiting A Board Member
    Working with many seed-stage companies, a large component of my decision-making and work revolves around being helpful as the company approaches a “Series A investment.” This term can mean different things to different people, so I’ll simply st…
    - 12 hours ago 29 Apr 17, 1:37pm -
  • Visualizing Haystack

    - 13 days ago 17 Apr 17, 3:46am -
  • The Story Behind My Investment In Kubos
    After investing in Saildrone a year ago, I tweeted something late at night about meeting founders with “oceanic” ambitions. A friend on Twitter (Jonathan Van) from Texas wrote back, emailed me, and said he’d put a bit of money in this company i…
    - 21 days ago 8 Apr 17, 10:38pm -
  • The Story Behind My Investment In Citizen
    When one of your best friends and seed-stage co-investors texts you about a company “you’ve just got to meet,” that certainly gets my attention. Thanks to that good friend in NYC, I was able to meet Andrew, the CEO of a company called sp0n. Yes…
    - 35 days ago 26 Mar 17, 4:19am -
  • Quickly Unpacking Intel’s Acquisition of Mobileye
    Another day, another mega-acquisition of a technology company — this time, it was the iconic Silicon Valley company, Intel, which shelled out $15B for Israel’s Mobileye (also a public company) in the high stakes battle to win the war in the shift…
    - 47 days ago 14 Mar 17, 6:36am -

Brad Feld

  • The Best Time To Invest In Something Is …
    At 18 minutes into this awesome talk that Fred Wilson did at MIT a few weeks ago, he finishes the statement “The best time to invest in something is ...” “… when nobody wants to invest in it but you.” He adds “And – you have to believe…
    - 3 days ago 26 Apr 17, 5:31pm -
  • True Stories of the NCIS with Oblong Mezzanine
    If you are an NCIS fan, you are probably excited about the upcoming 48 Hours: NCIS which premieres on Tuesday, April 25, 2017, 10pm ET/PT. I like NCIS, but I’m especially excited about Oblong’s Mezzanine product being a central part of the show.…
    - 5 days ago 25 Apr 17, 1:54am -
  • Mentors 15/18: Be Optimistic
    Last month I took two weeks completely off the grid. As part of it, I spent some time working on my next book, Give First. As part of that, I finished up the sections on Deconstructing the Techstars Mentor Manifesto. While I wrote a draft of this pos…
    - 8 days ago 21 Apr 17, 3:35pm -
  • Introducing Our New Partner – Chris Moody
    We are excited to announce that Chris Moody is joining Foundry Group as a partner. When we started Foundry Group in 2006, we were very clear that we were not going to build a legacy venture capital firm; one meant to outlive its founders. There would…
    - 10 days ago 19 Apr 17, 6:00pm -
  • Just Finish It
    An exec at a company I’m an investor in sent this to me this morning. Does this feel like your life at your company? I’m an enormous fan of Eric Ries and The Lean Startup. His, and Steve Blank’s, thinking and writing changed how we approach st…
    - 11 days ago 18 Apr 17, 3:14pm -

Om Malik

  • Coffee, Camera, Conversation…
    Sometimes I get together with fellow camera nerds, drink coffee and we talk about photography, life and Instagram, which by the way has 700 million users! Photos (top) by Chris Michel & (below) by Felix!
    - 2 days ago 27 Apr 17, 6:00pm -
  • Netflix now has 100 million subscribers
    In January 2017, it was estimated that if all goes well, then Netflix will pass the 100 million subscriber point sometime in April 2017. Right on time, the company CEO Reed Hastings announced that the streaming video giant had passed the 100 million…
    - 5 days ago 25 Apr 17, 2:25am -
  • Instagram & Facebook: 5 years later
    It has been five years since Facebook got the bargain of the century — Instagram for roughly $750 million. The mobile photo sharing service at that time had mere 35 million monthly active users. It has since added more than 600 million monthly acti…
    - 11 days ago 18 Apr 17, 1:41pm -
  • Back in the flow
    “Writer’s Block is just an excuse by people who don’t write for not writing,” quipped (not surprisingly) writer Giando Sigurani — and that is perhaps the best description of my past two months. I have been claiming a severe writers block, b…
    - 12 days ago 17 Apr 17, 6:58pm -
  • Random Notes from a recent trip to Japan 
    It isn’t hard to fall in love with Japan. It happens slowly. In 2015, it was a trip to distant Naoshima Islands that hooked me on the Japanese sensibilities. But it was on this most recent trip, the small seductions of Japan — its people, its lan…
    - 13 days ago 17 Apr 17, 12:43am -

LifeSciVC

Continuations

  • Uncertainty Wednesday: Independence (Cont’d)
    Last Uncertainty Wednesday, I introduced the concept of independence. I ended the post by asking whether independence was likely to be a strong or a weak assumption. To answer this let us look at the possible values for elementary events. And for tha…
    - 4 days ago 26 Apr 17, 1:08pm -
  • Time to Explore Alternative Ownership Structures for Network Effects Businesses including Twitter
    At Union Square Ventures, network effects have been central to our investment thesis for a decade. From an investor perspective network effects are one of the few, possibly the only, source of sustainable competitive advantage in a world where almost…
    - 6 days ago 24 Apr 17, 11:03am -
  • Venture Capital is a Capacity Industry with Boom and Bust Cycles
    A long time ago when I worked as a management consultant, I did a study for Lafarge which has a huge cement business. The study involved real sleuthing as we were trying to determine the operational capacity of cement plants owned by others and under…
    - 9 days ago 21 Apr 17, 11:09am -
  • Uncertainty Wednesday: Independence
    Last week, I provided a recap of what we have covered so far in Uncertainty Wednesday. To go on from here we need to introduce some more concepts that are usually covered earlier but that I believe will make more sense in the framework that we have n…
    - 11 days ago 19 Apr 17, 1:02pm -
  • “No One Really Knows” - No Need for Alarm about How Neural Nets Work
    There’s been a lot of handwringing recently about how we don’t really understand deep neural networks. The MIT Technology Review even published an article with the sensationalist headline “The Dark Secret at the Heart of AI.” It head the sub…
    - 13 days ago 17 Apr 17, 11:23am -

Hunter Walk

  • Four Years of Homebrew: Notes From Our 2017 Annual Investor Meeting
    “The days are long but the years are short” applies to parenting and venture firms. Satya and I raised Homebrew’s first fund Q1 2013 and now, four years later, we held our 4th annual meeting last week, just days before our official birthday (an…
    - 1 day ago 28 Apr 17, 6:46pm -
  • We Value Conversion More Than We Value Trust: Wading Into The Unroll.Me Discussion
    Well, @Unrollme probably having a more interesting Sunday than they expected pic.twitter.com/qCtNAOnSHM — Unroll.UsFrom2017 (@hunterwalk) April 23, 2017 So the moment I read Mike Isaac’s TK profile it jumped out that Unroll.me was going to have…
    - 4 days ago 26 Apr 17, 4:15am -
  • Seed Investing & Dark Dealflow: You Lose 100% Of The Deals You Don’t See
    Folks outside of seed stage venture often think “winning” deals is the most important part of being a great investor, but I’d argue it’s “seeing” the best opportunities that’s actually the strongest indicator of future fund success. O…
    - 5 days ago 24 Apr 17, 10:20pm -
  • Brain Food: Two Weeks Into Nootropics
    Hi, you might remember me from such infomercials as….. So I’m about two weeks into a nootropic called TruBrain and wanted to write a bit about my experience. Nootropics are essentially “vitamins for your brain,” and, while the term was appare…
    - 7 days ago 22 Apr 17, 8:53pm -
  • Why I Care About Problem Size More Than Market Size
    For seed investors, overfocusing on TAM (total addressable market) can be a trap. It causes founders to think that displaying a generic sizable dollar stat (“$150 billion is spent on Education annually”) is sufficient versus really spending tim…
    - 17 days ago 12 Apr 17, 3:58pm -