The Great Sobriety for Venture Investing, Where To Start with AI, & Undeniable Data
Scott Belskyimplications.com
The Great Sobriety for Venture Investing, Where To Start with AI, & Undeniable Data
the power of imagination and optimism is an amazing and essential part of innovation. But over the years, we’ve become so enamored with the unicorn valuation as the goal, that we started valuing the wrong things and overlooking the fundamental physics of business.
With capital at zero cost, growth at all costs became the mantra. How fast can you... See more
With capital at zero cost, growth at all costs became the mantra. How fast can you... See more
Where does VC go from here?
There are losses for hedge fund investors with large public portfolios at high-cost bases. An early-stage company whose public holdings fall 25% in value feels less pressure than a crossover firm when its portfolio falls from an 8X multiple-of-money to a 6X multiple-of-money. Public securities of such firms are underwater, and private holdings are... See more
Sarah Guo • when the music stops
Reflecting on My Failure to Build a Billion-Dollar Company
sahillavingia.com
the power of imagination and optimism is an amazing and essential part of innovation. But over the years, we’ve become so enamored with the unicorn valuation as the goal, that we started valuing the wrong things and overlooking the fundamental physics of business.