Call Your Senators to Preserve Equity Compensation for Startups
The latest Senate version of the “Tax Cuts and Jobs Act” has a stab in the eye for startups. It proposes to tax certain stock options and RSUs at the time of vesting. An earlier House version also contained this [...] Read more
Location, Location, Location
Here are some “truisms” about startup investors and location that I’ve experienced and passed on over the years: Startup investors prefer to invest locally The younger the startup business, the more that is true Your lead investor/board member is more [...] Read more
Dreams
If dreams came true, oh wouldn’t that be nice Most of my sleep dreams are mundane if I can even remember them. The other night I dreamt that I missed a flight to Toronto because I didn’t have my passport. [...] Read more
Video Of The Week: Nurx
Our portfolio company Nurx provides prescriptions via an app on your mobile phone. The initial offerings are birth control and HIV prevention medications, but they will add other prescriptions in the future. This news report talks about their launch in [...] Read more
Board Effectiveness Tip #5: Have a Lead Director
Two years ago I wrote a series of blog posts on board effectiveness tips. I am adding a new one today. If you have a large board, make sure you have a lead director. “What is a lead director?” you [...] Read more
Carta
Our portfolio company eShares changed their name to Carta this week. Why? For a bunch of reasons, but mainly because the opportunity has gotten a lot bigger than "shares". As founder/CEO Henry Ward points out in this post, the opportunity is [...] Read more
Carta
Our portfolio company eShares changed their name to Carta this week. Why? For a bunch of reasons, but mainly because the opportunity has gotten a lot bigger than “shares”. As founder/CEO Henry Ward points out in this post , the opportunity [...] Read more
Quantitative Investing in Shampoo
My partner Andy wrote a blog post on USV.com with this title today. I like the title so much that I want to feature the post on AVC today too. I have been a skeptic about data-driven venture capital investing for [...] Read more
Uncertainty Wednesday: Sample Mean under Fat Tails
In today’s Uncertainty Wednesday we are putting some of the ideas from the last few weeks together: we are looking at the behavior of the sample mean of a fat tailed distribution. To do this we will again use a [...] Read more
