Listening

You need to prepare, listen and engage.-Charlie Rose I’ve met a lot of incredibly successful, accomplished and well-known people. In some cases, I’ve even worked with them. This is one of the huge perks of working with Ron Conway, who I put in this bucket. (Incidentally, this sounds like a nested humblebrag but just because …

Cheap Data

I went to a tech talk last night called “Genomics at Web Scale.” at Counsyl. [SV Angel is an investor in Counsyl.] The following is above my pay grade to critique but here goes. There’s a strain of thought in computer science that “data beats algorithms.” That is, having more data is better than having …

Making Decisions

I’m not a big believer in post-mortem analysis. It’s very hard to do it without infecting analysis with what you know now. For example, when it comes to “misses” in startup investing, one often looks at where “things went wrong.” But maybe nothing went wrong. Maybe you created a systematic plan and process, executed the …

What is the business model of SV Angel?

My answer to that Quora question reprinted here: SV Angel invests in and advises startups. We make money when these startups have a “liquidity event,” which is historically an acquisition or public offering. We invest other people’s money. We invest our own money too–this is called a “capital contribution”, which is required of most funds. …

Warren Buffett’s Definition of Investing

From the Berkshire Hathaway 2011 Letter to Shareholders: with my edits. Read the whole thing here: (link) Investing is often described as the process of laying out money now in the expectation of receiving more money in the future. At Berkshire we take a more demanding approach, defining investing as the transfer toothers of purchasing …