Owning equity in your company should be as common as owning equity in your home
What belongs in common to the most people is accorded the least care: they take thought for their own things above all, and less about…
Do you want to sell sugar water or do you want to change the world?
“Do you want to sell sugar water for the rest of your life or come with me and change the world?” – Steve Jobs I sometimes wish that instead…
What the NYC startup world needs (and doesn’t need)
Here’s what I think NYC needs to become a serious, long-term startup hub: Some extremely successful startups. We need PayPals – companies…
Pivoting into a new corporate structure
This hasn’t happened to me, but I keep hearing stories about situations like the following: 1) startup raises a seed financing round while…
The downside of accelerated investment decisions
There has been a lot of talk about how early-stage valuations have risen dramatically over the past few years. Financially, this is probably…
The tragedy of the anticommons
Seems very relevant to today’s music industry, and potentially relevant to the internet/software industry in the near future as patent…