Shoehorning startups into the VC model

2012-07-19

Tech startups go in an out of fashion. When they’re in fashion, as they are now, entrepreneurs and VCs get lots of attention. Most of this…

Capabilities and sensibilities

2012-07-17

“The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability…

How bundling benefits sellers and buyers

2012-07-08

There is a widespread belief in technology circles that bundling of cable TV, newspaper, magazine and other information goods will go away…

Pricing to the demand curve

2012-07-04

Many college microeconomics courses include the following exercise. The teacher offers the students an imaginary trip to Hawaii, and asks…