You should be paying attention to the story of the collapsing WeWork IPO. It's a fascinating look at all that can go wrong when a company that is overhyped and overvalued is exposed before they can …
You’re Not a Tech Company. Invest Your Money Where It Counts
In building the Huffington Post, Thrillist, and JackThreads, I've invested a lot of venture capital into building tech platforms. Even though we were media and commerce companies, we described …
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Almost Worthless: What Can We Learn From A 99.7 Percent Writeoff
When I see 99% destruction in value in a once high-flying startup, there must be some useful lessons in there somewhere. I know I'm a bit late on the Tumblr story, but I was on vacation last week! …
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Only Revenue Equals Revenue
HuffPost has published a piece about the rise and fall of Mic.com. It's worth a read to get some perspective on what it's like to build a startup in a frantic search for a sustainable business …
Blitzscaling Is A Seed Stage Problem Too
Wired Magazine published a story yesterday entitled 'Blitzscaling' Is Choking Innovation - And Wasting Money that speaks to significant shifts in fundraising over the last decade. The article's …
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The Ideal Employee
Often when I get the chance to speak to a group of students, someone invariably asks me to describe the ideal employee. What are the traits of a prospective new hire that I look for, and would give …