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Bleeding
Fred Wilson – Nov 21, 2018
The Nasdaq is down almost 15% from its labor day highs. Apple is down almost 25% in the last two months. Facebook is down about 40% since July. Bitcoin is down about 80% from its highs last December. Ethereum is [...] Read more
Knowing your productivity peaks
Bethany Crystal – Nov 21, 2018
I’ve always known I’m a morning person. But for the past week or two, I’ve been testing out “evening writing time” vs. “morning writing time.” It’s definitely not working. By the end of the day, I’m 100% wiped, have a [...] Read more
The Kickstarter 2017 Public Benefit Statement
Fred Wilson – Nov 20, 2018
Our portfolio company Kickstarter is a Public Benefit Corporation. One of the requirements of a Public Benefit Corporation is that they publish an annual benefit statement outlining how they are doing living up to their PBC charter. This is Kickstarter’s [...] Read more
“There’s a strange woman living in our basement”
Bethany Crystal – Nov 20, 2018
That was the text I received from one of our neighbors on Sunday morning. Apparently, for the second week in a row, my neighbor has startled a woman who appeared to have been sleeping at the top of the stairs [...] Read more
Getting Hands-On
Nick Grossman – Nov 19, 2018
One of my favorite things to do is get my hands into something and figure out how it works, whether that’s an app, or a gadget, or a house. For example, over the past few months I have been renovating [...] Read more
The Overpay Critique
Fred Wilson – Nov 19, 2018
It is so easy to look at a headline announcing a deal and say “they overpaid.” I have done that myself plenty of times. It’s a natural emotional reaction. But what I have learned is that you can’t really critique [...] Read more
World After Capital: UBI as a Moral Imperative
Albert Wenger – Nov 19, 2018
NOTE: I have been posting excerpts from my book World After Capital. Today’s section wraps up the section on Universal Basic Income (UBI) by addressing a few common objections and arguing that it is a moral imperative. I have already [...] Read more
Recruitment vs. retention in the short-term labor market
Bethany Crystal – Nov 19, 2018
Earlier this year our portfolio company Carta published this comprehensive study on employee tenure in startups. In it, they disclose that, at least among early stage startups, a typical employee sticks around for about 37 months. Or, one month after [...] Read more
Pivot or Fail?
Fred Wilson – Nov 18, 2018
The Pivot is celebrated in startup land. Huge successes like Twitter and Slack are all the results of pivots. So surely pivoting is a good thing, right? Well, I am not so sure. And I certainly don't want entrepreneurs to [...] Read more