It's becoming harder for me to see how the frontier labs live up to expected valuations. It looks to me like telecom in the 2000s with enormous capex on infrastructure and R&D. But the applications on top are where the margins are.
Notes on Venture Capital
28 notes
Jul 2026
Apr 2020
Apr 2018
It's been amazing to watch @SalesLoft grow. Excited to see what the next year brings—SalesLoft soars with $50 M Series C
Mar 2018
It's been obvious for the last year that @intercom has been after CRM. It's awesome to see such a great product succeeding—Intercom raises $125M to take on Salesforce
Jan 2016
Moving from the niche to the masses
Dec 2015
Whoa, big fan of the new Google Ventures logo and site.
Jul 2015
DraftKings raises $300m in frenzied fantasy sports land-grab
Congrats to @mikaelcho and the @crewlabs team—Crew raises $8.5 million to make life easier for design freelancers
The numbers in the fantasy space are unreal—FanDuel to Announce It Has Raised $275 Million More buff.ly
May 2015
Why investors don't fund dating websites
Who Funds the Future?
Apr 2015
What did Billion Dollar Companies Look Like at the Series A?buff.ly
Mar 2015
Dec 2014
In 2014 we finally killed files, discovered the sharing economy is the renting economy, social is dead.
Oct 2014
Sep 2014
There are some fascinating answers from Peter Thiel in his reddit AMA reddit.com
I'm not sure about the future of Twitter. I feel like a tech non-profit needs to come in and rebuild—at least a company not taking VC money
Aug 2014
I see the bucket is going to keep getting kicked until an IPO—Snapchat Raising A New Round At A $10B Valuation
May 2014
Apr 2014
Congrats to my friends @drchrono—drchrono raises $2.69M to bring private practice doctors into the digital age.
Feb 2014
An interesting look at the future of journalism by @a16z —The Future of the News Business
Oct 2013
Wow, that is quite a round—Circle launches with $9m from in biggest ever bitcoin funding coindesk.com
Jul 2013
In Tech We Trust? A Debate with Peter Thiel and Marc Andreessen
Mar 2013
“It’s just a fucking badass event tool — the most powerful shit ever created for event planners, ever.”
Aug 2012
The Art of Funding a Startup with Paul Graham is free on Amazon. Might be worth a look.
Nov 2011
@steveblank 's thoughts on why venture capitalists’s should become startup CEO’s.
Oct 2011
@IncMagazine Raising taxes for venture capital investments is a horrific mistake for jobs, the economy, innovation, everything.
Jun 2011
Who makes the best investor introductions? Not #Communists. From #PitchingHacks by @venturehacks bit.ly