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Understanding Insurance Fundamentals

Yesterday with the NYU Stern class that I am co-teaching with Arun Sunderarajan we focused on the fundamentals of different businesses. The class is about product market fit but looking for that doesn’t mean you can ignore the economics of [...]  Read more

The Future of Programming

I learned how to program on this Apple II over 30 years ago. Over that time period – as a first approximation – programming has stayed the same. Yes, I have learned new tools and new programming languages, but programming [...]  Read more

Foursquare: Building the Business

We first invested in Foursquare in 2009 when the company was just getting going because we believed that location was a native aspect of smartphones. Since then our conviction about the importance of location to the mobile experience has continued [...]  Read more