Skip to content

Category: Uncategorized

The Social Subsidy of Angel Investing

Michael Seibel of YC posted a short video the other day about a topic that’s near and dear to my heart: Why Fundraising is Different in Silicon Valley.  This is an interesting and important question. If you’re a startup founder looking for your first investment, the difference between fundraising in the Bay Area versus fundraising somewhere else isn’t a difference of degree. It’s just qualitatively a completely different exercise. Advice to founders on how to fundraise in San Francisco is, to put it bluntly, not applicable in other parts of the… Read more The Social Subsidy of Angel Investing

The Car Bundle

There’s a lot you can criticize about cars and individual car ownership. But one criticism you shouldn’t make blindly is “Think about how much of the car you don’t use.”  It’s true that not every driver or every trip needs the horsepower of an ICE or a top speed of 65+ MPH. Not every trip needs four seats, or even two. Not every trip needs climate control or cargo space. But it doesn’t matter, because cars are a bundle.  A car is like cable TV. There are some features of my… Read more The Car Bundle