Writing

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Networks, Firms and Markets

There has been a renewed interest in the impact that digital technology is having on the boundaries of the firm. In particular there is a sense that networks operating on top of platforms are competing effectively with traditional firms. Examples [...]  Read more

Values for a World of Knowledge

I have been thinking about the value implications of embracing knowledge. Maybe I am being overly reductionist here but there are three values that seem to me to be intimately connected with the knowledge loop of learning, creating and sharing. [...]  Read more

Solar

The progress with solar technology has been impressive and is well summarized in the following chart which shows the dramatic decline in the price per watt Whenever someone shows a chart like this there will quickly be people who decry [...]  Read more

Anxious Investors (the Investor Side)

Fred had a great post yesterday about why investors in private companies experience more anxiety than those in public ones (can’t sell) together with some spot on recommendations for entrepreneurs on how to deal with anxious investors. I have been [...]  Read more

Congestion in New York (and Elsewhere)

Just last week I wrote that there are legitimate concerns about Uber. Using congestion as the reason to limit the company’s expansion while ordering a study seems wrong and exactly the kind of political move that smacks of corruption. Given [...]  Read more

Sailing Faster Than The Wind

Last week I had the opportunity to cross something off my bucket list: sailing faster than the wind. Now at first this sounds like a preposterous idea – if the wind is pushing you, then how could you go faster [...]  Read more