Viewing entries tagged
venture capital

July 2024 Roundup: What I am Reading, Watching, Listening To

July 2024 Roundup: What I am Reading, Watching, Listening To

Howard Morgan: Insights from an Uber Successful Tech and VC Legend
Howard Morgan’s inimitable career began with his early and prescient interest in computers. In fact, Howard has been on email for 51 years! He is currently the Chair and General Partner of B Capital. He is considered one of the pioneers of early-stage investing, having co-founded First Round Capital alongside Josh Kopelman, which was the first professional seed stage fund and the first institutional investor in Uber.

Prior to First Round, Howard helped found Idealab with Bill Gross, and served as President of Renaissance Technologies, which he co-founded with Jim Simons. Renaissance Technologies is the best performing investment firm of all time, and its mysterious and famous Medallion Fund is considered to be the most successful fund ever.

A.I. Revolution
Can we harness the power of artificial intelligence to solve the world’s most challenging problems without creating an uncontrollable force that ultimately destroys us? ChatGPT and other new A.I. tools can now answer complex questions, write essays, and generate realistic-looking images in a matter of seconds. They can even pass a lawyer’s bar exam. Should we celebrate? Or worry? Or both? Correspondent Miles O’Brien investigates how researchers are trying to transform the world using A.I., hunting for big solutions in fields from medicine to climate change.

AI can restore the middle-class jobs lost to automation
AI is indeed changing the labor market, see the flood of news articles on layoffs happening in part due to companies’ priorities shifting to AI. Now a new working paper from Massachusetts Institute of Technology economist David Autor says that the shift presents a unique opportunity: AI could enable more workers to perform higher-stakes, decision-making tasks that are currently relegated to highly-educated workers such as doctors and lawyers.

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April 2024 Roundup: What I am Reading, Watching and Listening To

April 2024 Roundup: What I am Reading, Watching and Listening To

Should you confront your worries or try to banish them?

If you have a distressing thought, shoving it out of your mind will only work for so long. It will camp out in the unconscious, biding its time until it can emerge again, often through physical sensations, behaviors, emotions or dreams.

This Investor Raised Billions by Making Complicated Ideas Simple
Want to build influence with great ideas and simple writing? Look no further than Howard Marks. Most smart people use big words and plastic jargon to reinforce the barrier between themselves and “the common folk.” Howard, on the other hand, breaks down this barrier, and that’s why his ideas are so influential.

What is a Family Office and Why Does it Matter? by Ron Diamond
There are roughly 15,000 Family Offices around the globe which currently control approximately $10 trillion in assets. In comparison, there is only $6.5 trillion globally in the entire hedge fund world. But even more important than the size Family Offices currently are, we are about to experience the largest transfer of wealth in history.

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July 2021 Roundup: What I am Reading, Watching and Listening To

July 2021 Roundup: What I am Reading, Watching and Listening To

What I Am Reading

Interview: Marc Andreessen, VC and tech pioneer
“M.A.: Don’t follow your passion. Seriously. Don’t follow your passion. Your passion is likely more dumb and useless than anything else. Your passion should be your hobby, not your work. Do it in your spare time.

Instead, at work, seek to contribute. Find the hottest, most vibrant part of the economy you can and figure out how you can contribute best and most. Make yourself of value to the people around you, to your customers and coworkers, and try to increase that value every day.

It can sometimes feel that all the exciting things have already happened, that the frontier is closed, that we’re at the end of technological history and there’s nothing left to do but maintain what already exists. This is just a failure of imagination. In fact, the opposite is true. We’re surrounding by rotting incumbents that will all need to be replaced by new technologies. Let’s get on it.”

4 Rumi Quotes That Will Boost Your Confidence

“You are searching the world for treasure, but the real treasure is Yourself.”

Zoroastrianism And Persian Mythology: The Foundation Of Belief

“Zoroastrianism was the main faith of the Achaemenid Persian Empire. Attributed to the prophet Zoroaster, this Persian religion was a key influence on both Christianity and Judaism.”

What I am Watching:

The Explainer: Solving Problems by Starting with the Worst Idea Possible

Sometimes wrong thinking can lead to the right answer. 

Bionic Eye Cures Blindness
“First Bionic Arms- Now Bionic Eyes! Last week the FDA gave approval to the Argus II, a bionic eye that could potentially cure blindness in 15,000 people in the US. The Alpha IMS, a new implant in early testing, has cured blindness in eight people so far. Anthony gives us a sneak peak at this amazing new tech.”

Muppet Babies
My four year old son can’t stop watching and I’ve been strangely captivated by watching it too.  I guess it’s because I loved watching The Muppets so much growing up.  We’re now saying “Waka Waka” after every joke we tell just like Fozzy the Bear 🤣!

What I am Listening To:

ROLL ON:

CASE STUDIES IN MENTAL FORTITUDE: THE IRON COWBOY & MINNEAPOLIS MAYOR JACOB FREY

“Success in all forms demands mental fortitude—a capacity honed through consistently placing yourself beyond comfortable confines. When practiced with daily rigor, an increasingly sturdy mindset becomes a superpower—and the foundation for the purpose-driven life you aspire to inhabit.”

Founders On Fleek

Founders On Fleek

What makes an investment promising, from the perspective of a venture capitalist? As any VC will tell you, it's not so much the idea being invested in; rather, it’s the team behind the idea, and most specifically, the founder.

A Smart Bet

VC investment is very much like gambling. Even having the best team and idea does not guarantee any level of success. That’s why many VCs spread their bets across a number of different companies; the way the math works out, you only need one outsized win to more than make up for all of your losses (or mediocre wins). But how do you optimize your chances of getting that outsized win? How do you know what to look for in a startup?

Well, there are many immeasurable factors that go into the success of a company, and to be honest, luck is probably one of the most important. Other factors, however, are much more concrete. And over the years, I’ve found that finding businesses with great founders significantly increases my odds of success.