sari

Facebook is trying to do everything, but in the process, it risks becoming nothing.

In contrast to VC - where over the past 30 years of software, there’s been a circular “we shape our tools, and then they shape us” coevolution around how equity works - this hasn’t happened for debt yet. We haven’t figured out the right atomic unit

it’s as hard to start and run a small business as it is to start a big one. You will suffer the same toll financially and psychologically as you bludgeon it into existence. It’s hard to raise the money and to find the right people. So if you’re going to dedicate your life to a business, which is the only way it will ever work, you should choose one... See more

My belief is that true early stage venture capital (investing in companies that are raising at pre-money valuations between roughly $5M and $30M) is executed best when fund sizes are kept to reasonable levels. You should invest as early as you have conviction and as frequently as you can thereafter to build positions in companies over time.... See more

Take a stroll through a blockchain game website – they are all lovely; remember that’s their UA funnel! – and a standard set of phrases appear: “ownership,” “true ownership,” “truly owning.”

Parenting with less money is hard in so many compounding ways — so how do we explain why it’s also  more  enjoyable and  more  rewarding? Sociologist Annette Lareau offers the most broadly accepted explanation: middle and upper-class parents approach parenting as a form of “concerted cultivation,” in which they work tirelessly to give their

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Today we announce a new venture, @ottrisk Over the last year a few things have become clear: the world is more uncertain than ever, and the situation for small businesses is more perilous than ever. Technology and capital can play a role in solving this problem.