Sunday was very wet here in Amsterdam. Ellen and I did not get a chance to do much. The streets were quiet. The rain finally stopped early eve and I grabbed this photo on the way to my Secfi board dinner… While it poured rain I called up Ivanhoff from the room and today’s Momentum …
From: March 2019
My Week in Pictures
It has been a whirlwind week of travel, work and good times as I went from Phoenix to San Diego to LA to San Diego to SF and Palo Alto back to San Diego and now to Amsterdam (via London). I am not much of a photo person but looking back on the week the …
FacePlanet and Tencentverse
Ben Thompson has an epic thought/strategy piece on Facebook. I am not going to highlight any one part, but it must be nice to be Facebook and Tencent. Take the time to read it. Have a great weekend. Disclosure – Long Tencent and strongly reconsidering Facebook.
Etoro – Finally In The USA
Way back in 2010, Social Leverage invested in Etoro. Here is what I wrote in early 2010: In Israel I met with Yoni Assia, the founder and CEO of eToro. Since meeting him, I have seen the Forex light. This company seems like an unstoppable force of nature. If you don’t believe me, log on, …
Pre-Wealth is Real…A Side Effect of Golden Handcuffs
As even the biggest and fastest growing Companies stay private longer, all kinds of new financial issues, problems and opportunities have been created. Fred Wilson has an excellent post up on the subject of ‘Golden Handcuffs‘ that gets into the biggest problem which is a ‘pre-wealth’ problem as much as a policy problem for governments …
We Have Never Been More Comfortable and Less Creative
I cringe at ‘business’ headlines all day. Last week this beauty hit the tape: ‘PICKS’ ????? Goldman and JP Morgan are the only two banks left that can lead an IPO like Peloton. Here is the conversation at the Peloton (any upcoming company IPO) Board Meeting: CEO – It’s time to go public Board Member …
Where Were You On March 9, 2009
I love having a blog. It gives me a timeline into how I was thinking. By March 2009, I was exhausted by the markets and I hardly owned any stocks. On March 6, I titled my post ‘All I Need Is A Gun and A Working ATM Card‘. It was raw, but mostly dead on …
Momentum Monday…Biotech Rush
On March 1, 2000 (19 years ago) Palm Pilot went public and was valued at $53 billion. The market peaked that week… I loved my Palm Pilot! Today, Apple has FIVE Palm Pilots in cash mostly profits from their ‘smart’ Palm Pilot. While the iPhone may be the next Palm Pilot, good luck betting against …
Where Software Eats The World Lives…
A few weeks back I was in Silicon Valley and went by A16z offices for a quick hello with Chris Dixon. We chatted about angel investing, fintech and crypto for a bit. The valley is a small and pretty peaceful place but the offices of A16z were jam packed. I did not really think that …
Killer Vees…
I can’t believe it is already March. It seems like just yesterday (December) we were in a bear market and we would all go down the tubes together and forever. But…the S&P 500 turned on a dime after Christmas and has rocketed 18% higher in only 44 days. Michael Batnick had a great post titled …