oh, chicago

The Illinois flag is terrible

“The North American Vexillological Association ranked Illinois’s flag 49th out of 72 state and provincial flags. So, what gives?” (From Wikipedia: Vexillology is the study of the history, symbolism and usage of flags or, by extension, any interest in flags […]

tech, startups, internet

History of public SaaS returns and valuations

This is a very data-driven analysis worth skimming at least. “The overall returns from public SaaS companies have been remarkable — the average SaaS company has returned almost 5x from their IPO price. For context, most venture capital funds strive […]

tech, startups, internet

A quick overview and history of tech VC

“In this 5-part series, we’ll review the birth and maturation of the industry, and with that context consider where it might be headed. This first post will focuses on the formalization of VC from the 1950s through the dotcom bubble.” […]

better doing

Five lessons from history

“Lesson #1: People suffering from sudden, unexpected hardship are likely to adopt views they previously thought unthinkable.” | learn more

oh, chicago

The history of derivatives in Chicago

This is a history of trading derivatives and the Board of Trade. In a way, this is a history of Chicago. “The opening of a canal in 1848 led to the birth of modern financial derivatives, and the early demise […]

big ideas

The short history of global living conditions

These five charts tell a story that too many don’t yet know. It’s the same story that Hans Rosling told up until his death. It’s the story of the world getting better – way better – over the decades and […]

big ideas

Silicon Valley is spending big money on public education. 

Though mostly lost to history, the public education system has often been influenced by one of its biggest sponsors – the industrialists. Today, the new industrialists (namely Silicon Valley billionaires) continue to spend money trying to alter the way children […]