The Emergence of “Pre-Seed” Capital

Notation Capital, founded by former Betaworks folks, is a new pre-seed investment fund launched a couple of months ago.  Notation Capital is attempting to institutionalize the round of funding that’s usually done by “Friends and Family”. With just an idea and a co-founder, one could actually raise up to $500K in exchange for 5% to… Continue reading The Emergence of “Pre-Seed” Capital

Is 2015 The Year Legal Weed Changes The Future Of The American Economy?

I wrote an article on VC investing in the marijuana industry… a fun topic given how big and common weed is in the valley. Also an interesting topic to consider for all investors, in light of Neumann’s most recent blog post, where he claims,  the only thing VCs can control that will improve their outcomes… Continue reading Is 2015 The Year Legal Weed Changes The Future Of The American Economy?

Fundraising Acceleration as a Flawed Paradigm

For the last 12 to 18 months, the private technology market has seen sky high valuations and a significant disconnect from the public markets. Recently, much talked-about startup Slack raised $120M at a $1.12B valuation with just $1M in monthly revenue. My friend, Danny Crichton, wrote a really insightful piece on TechCrunch regarding this new… Continue reading Fundraising Acceleration as a Flawed Paradigm

First Thoughts on Meeker’s Internet Trends

I’ll always remember how excited I was every time Mary Meeker’s report came out – especially when I was still a banker at Barclays. It not only contained tons of useful market data (a gold mine for analysts), but it also marked the steady passage of time. You could always count on a new Meeker… Continue reading First Thoughts on Meeker’s Internet Trends

What the @Facebook @Oculus acquisition tells me about the future

` Both the Internet and my own circle of friends have debated this issue to death (so price. much social.) And as Fred Wilson puts it,  It isn’t clear if the next thing is virtual reality, the internet of things, drones, machine learning, or something else. Larry doesn’t know. Zuck doesn’t know. I don’t know.… Continue reading What the @Facebook @Oculus acquisition tells me about the future

Quick Thoughts on @YCombinator’s First #FemaleFounders Conference

YC’s FFC was one of the more enjoyable conferences I’ve been to in a while. The attendees were great, the format was brisk, and the content shared was by and large very helpful.  At one point, there was a panel of founders discussing the topic of fundraising. Two things hit me: It was weird. I… Continue reading Quick Thoughts on @YCombinator’s First #FemaleFounders Conference