Investors in U.S. equities have been buying stocks based on an assumption that the incoming administration will be “pro-business” (lower corporate taxes and less regulation). For the most part, investors are correct to assume that, …
Continue readingSilicon Valley
This morning Venture Beat ran an article (via Reuters) Silicon Valley VCs are growing wary of on-demand delivery, as an investment in such businesses is waning: many VCs have lost faith in a sector that …
Continue readingIt’s been a newsy year for Facebook (FB). In the Spring, at the height of the presidential election primary period, a former employee made news by stating that curators routinely suppressed conservative news stories in their …
Continue readingThere is debate as to whether or not basketball great Michael Jordan actually said “Republicans buy sneakers too” in response to criticism about his famously apolitical existence. Apocryphal story or not, he did set the …
Continue readingLast week Kara Swisher of Recode sat down for her weekly Recode Decode podcast with venture capitalist Bill Gurley of Benchmark (early Uber investor and board member). Listen here, I have 2x: There is a …
Continue readingThe nearly $200 billion in semiconductor m&a in the last 18 months has less to do with what drove the sector historically (PCs & Smartphones) and more to do with emerging technologies like drones, artificial intelligence, …
Continue readingSince I entered the business in 1997, I have experienced several significant financial market booms and busts. Asset bubbles inflating, over-inflating, then popping and overshooting on the downside. Since 2000, the largest public equity market …
Continue readingFacebook’s (FB) $358 billion market cap (just a tad from its recent all time highs) has catapulted the social media company to now be one of the top 10 most valuable companies in the world, …
Continue readingI did not watch the Republican National Convention live this week. But did cacth some snippets of speeches the following mornings on CNBC, and have read plenty of reaction pieces. My mildly informed take-away is that the event …
Continue readingBack in August if 2011, Marc Andreessen, co-founder and general partner of venture capital firm Andreessen-Horowitz penned a prescient essay in the Wall Street Journal explaining; Why Software Is Eating The World. At the time, skeptics wondered …
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