Thomas Jefferson on Patents
If nature has made any one thing less susceptible than all others of exclusive property, it is the action of the thinking power called an…
Founder/market fit
An extremely useful concept that has grown popular among startup founders is what eminent entrepreneur and investor Marc Andreessen calls…
Allocation investing and the social premium
The rational way to invest in something – a startup, public company, venture capital firm, real estate project, etc. – is to base your…
Notes on raising seed financing
Last night I taught a class via Skillshare (disclosure: Founder Collective is an investor) about how to raise a seed round. After a long…
Accurate contrarian theories
When Google released its search engine in 1998, its search results were significantly better than its competitors’. Many people attribute…
Options
The financial term “derivative“ refers to a security whose value is a function of another security such as a stock or bond. The most common…