Dave McClure shares the details that go into building a venture capital fund portfolio. “This article aims to help VCs figure out how to size a venture capital fund, how many companies to include in your portfolio, and when and […]
“Despite his financial ruin, Cage doesn’t regret all of his purchases. “You have good investments and bad investments,” he says. “The good investments came from personal interest and my honest enjoyment of the history.” | learn more
From famed investor Howard Marks: “The more I’ve thought about it since writing Liquidity, the more convinced I’ve become that there are two main reasons why people sell investments: because they’re up and because they’re down.” | learn more
The famed startup accelerator is carving out an extra $375k for each company in its program on favorable terms. “Professional early-stage investors around the world may see their offers lose luster, possibly changing how the youngest startups that take part in Y […]
I personally feel this with my casino winning from a recent crypto trade. I’ll bet it all! Interestingly, I don’t feel the same way, though, about my core crypto investments. | learn more
“Despite standard investment advice to the contrary, individuals often engage in panic selling, liquidating significant portions of their risky assets in response to large losses.” | learn more
This is a very interesting analysis answering the question: Why is expensive housing such a lucrative investment? “Most Americans (66% of American households) are in the business of owning and leasing residential real estate. It just so happens that they […]
Analysis from a friend: “Terrible incentives ✔, Lack of any regulatory oversight ✔, Insiders with opportunity cash out immediately ✔, Massive payday for investment bankers ✔, “Medical reimbursements” sort of historically shady biz ✔, “Complex data analysis” and “disruption” name […]
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 […]
Composer intends to be like Plaid, but for managing accounts—especially investment accounts. I love it. The founder’s point about the entropy of investment accounts is spot on. Financial innovation fragments the accounts and interfaces where we manage our assets. “Asset […]