Effective fundraisers have mastered the art of risk framing, demonstrating the ability to clearly articulate the risks associated with each milestone. And then, reassure the investors on how they will meet each one of them. In return, investors have developed standardized expectations for each round of fundraising.

In that context, the onion theory ... See more

The best mom advice I’d give? Take time with your partner. Take care of yourself. Kids’ happiness is highly correlated with the happiness of their mother. Resist the urge to be a martyr. My mom was happy and I think it’s why I’m happy. Even with her steadfastly conservative, religious identity, she encouraged my fun. She never pushed me to be anoth... See more

The Impending VR Moment

The iPhone didn’t happen in a vacuum. Apple needed to learn to make low-power devices with the iPod; flash memory needed to become viable at an accessible price point; Samsung needed to make a good enough processor; 3G networking needed to be rolled out; the iTunes Music Store needed to provide the foundation for the App Stor... See more

Market Selection in Vertical Integration

If you were to ask what sunk Convoy, it ultimately boils down to an over-dependence on the digital freight matching software they pioneered with a corresponding inattention to the operational parts of the brokerage that were really low margin. Technology isn’t a panacea for operational excellence. Every vert... See more