Posts in Industry

The fantasy goes something like this: come up with an idea take venture money align with the VCs to grow the business as best you can with the firm target of an exit hold on to enough equity so that when the exit comes you and the VCs both get rich maybe some of your […]

…albeit I haven’t said it nearly as well as well as Georges van Hoegaerden over at Venture Company. I’ve been saying, by the time many venture funded startups have gone through their rounds of funding, even the founders are lucky to make any money. And that’s in the rare case that they actually make it […]

Conan was interviewed in the New York Times about his shift to the Tonight show. The following quote is about entertainment, but I think it applies to any creative endeavor, or possibly, any human interaction: “In entertainment, you have to stake out what you think is right, you have to put out that signal, make […]

One of my favorite things about working at Jackson Fish Market is that we don’t have performance reviews. I suppose it’s easy cause there are three of us and we’re all founder/owners of the company. ;) But i believe that even once we do have more traditional employees we won’t have performance reviews. Mainly because […]

The popular and prolific Malcolm Gladwell writes about underdogs in the New Yorker: “What happened, Arreguín-Toft wondered, when the underdogs likewise acknowledged their weakness and chose an unconventional strategy? He went back and re-analyzed his data. In those cases, David’s winning percentage went from 28.5 to 63.6. When underdogs choose not to play by Goliath’s […]