Sarah Drinkwater
@sarahdrinkwater
Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
Sarah Drinkwater
Productizing venture means taking everything that venture capitalists do — from sourcing companies to evaluating companies to adding value to founders — and using software or networks to do it better.
Erik Torenberg • Productizing Venture
The startup ecosystem is experiencing a series of changes that can't be ignored:- cambrian explosion of funding availability- more value is being created on private markets- going from zero to one is no longer a dark art - ie more talented operators, more infrastructure to build quickly and cheaplyChange is coming to the VC ecosystem. Who will win:... See more
The Three-Body Problem: Finding the New Stable Points in Venture Capital
Alternative to What? | Thomas Frank
thebaffler.com
late stage capitalism and “Alternative”
the patina of daring had begun to wear thin on the eighties’ chosen crop of celebrity-rebels. Entire new lines of insolent shoes would have to be designed and marketed; entire new looks and emblems of protest would have to be found somewhere. Consumerism’s traditional claim to be the spokesman for our inchoate disgust with consumerism was hemorrhaging credibility, and independent rock, with its Jacobin ‘authenticity’ obsession, had just the things capital required.
Out went the call for an “alternative” from a thousand executive suites, and overnight everyone even remotely associated with independent rock in Seattle—and Minneapolis, Chapel Hill, Champaign, Lawrence, and finally Chicago—found themselves the recipients of unsolicited corporate attention
Pretty basic! And yet, nothing on the internet presently allows me to do this — not in a way that’s sufficiently simple, expressive, and predictable.
Robin Sloan • Specifying Spring '83
First, most emerging firms raise small funds. Smaller funds generally outperform, as they can participate meaningfully in early rounds and a single outlier has the potential to generate strong fund-level performance, even if the fund is only able to garner modest ownership.