This is going to be BIG.
MARCH 1, 2013
This week, I spoke to one of the longest running and most active angel groups in the country, the New York Angels. For a long time, they were basically the only game in town for seed and early stage funding in NYC. Luckily for all of us, including the New York Angels themselves, the ecosystem has bloomed. Not only has the NYC ecosystem changed, but the whole ecosystem around early and seed investing has innovated.
Berkonomics
FEBRUARY 28, 2013
It has happened to all of us who have been leaders in business long enough. One of your employees is approached by an employee of a customer or of a supplier, stating that “It sure would be great to work in your company.” And without a policy or sometimes without thinking, your employee responds with a “Let me help,” or worse yet, “I have a position open.”.
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Tomasz Tunguz
FEBRUARY 25, 2013
Amazon operates its businesses at very close to break-even, zero net margin, to win the greatest share and prevent competition from undercutting them. This is as true for their books business as their infrastructure business, AWS. Bezos has explicitly stated this strategy and it’s the one that has led to Amazon’s massive success in many different lines of business.
This is going to be BIG.
FEBRUARY 24, 2013
People usually get the really big ideas wrong. That's why you can't crowdsource signals to invest in venture capital--because most people don't see big things coming. Few people ever thought that there would be a need for a personal computer in the home. Yet, the Segway was supposed to change our world as we knew it. Lots of people thought Twitter was a pretty dumb idea, too.
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Tomasz Tunguz
FEBRUARY 24, 2013
“Blades square,” the coach yelled from the Boston Whaler as he increased the speed on his outboard motor, pursuing the eight man boat as we gained speed. I sat in four-seat, right in the middle of the engine room, the place for the taller, heavier rowers. The eight man team reluctantly complied with the coach’s order and rowed across the Long Island Sound, NYAC jerseys on our backs and the muggy, humid early summer morning sun reflecting in the water, practicing for national championships.
Tomasz Tunguz
FEBRUARY 26, 2013
Tracing the arc of Facebook’s user sharing model is to identify the biggest case of frog boiling in history. Contrast Facebook’s origins as a dating site limited to students attending a particular college to an exhibitionist’s dream syndicating every detail of a life across of 1000+ friend networks and potentially many more followers. The question for users is: what is the quid pro quo?
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