“A startup has three main activities: (1) recruit a team to (2) build a product and (3) sell and service the product. Competition influences each of those functions.” | learn more
Fred Wilson highlights new data that overturns the conventional wisdom that one must invest in a top-quartile VC fund to generate good returns. He also shares his return multiples on personal fund investments since 2009. They range from 2-10x multiple […]
Inflation is happening all around us, just not where most folks are looking (yet). Ezra from Starting Line is looking for founders “building products that help normal people hedge future inflation.” | learn more
“After so many decades of the buildup of high-speed clutter in the form of spent rocket stages, stray bolts and paint chips, solid-rocket-motor slag, dead or dying satellites and the scattered fragments from antisatellite tests—all of which could individually damage […]
“This new option from Spotify lets users tap a few buttons to get their paid audio in their Spotify app while you get to control the customer relationship. It’s the best of all worlds: ease of use, in an app […]
And to think, I once thought QR codes were going nowhere. “Chinese gaming giant Bilibili used the dazzling display to advertise the one year anniversary of its role playing game Princess Connect! Re: Dive. At the end of the show, the 1,500 drones gathered […]
The hedge fund Tiger Global and several offshoots are aggressively deploying capital into startups with little diligence, historically high prices, and lighting fast speed. “Hah! You’re telling me — I heard they did [Deal X] in 24 hours after only getting a […]
On March 26, 2012, Brian Armstrong posted a “hail mary” on Hacker News searching for a cofounder to join him applying to YCombinator within the next 3 days. $100 Billion of value creation later, it’s worth revising some of the […]
Benedict Evans muses on what happens next. “Walmart was built on trucking and freeways (and computers), but Walmart is a retailer, not a trucking company: it used trucks to change retail. Now people do the same with software.” | learn more
This is a fascinating perspective on content marketing by Ranjan Roy from Margins. “For those unfamiliar, Cathie Wood runs a portfolio of ETFs. The flagship and most famous one is the ARK Innovation ETF (ARKK).” | learn more