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The Cost Of Loyalty

In the local transportation market, we now have lots of options in addition to mass transit. Here in NYC, we have taxis, Lyft, and Uber. In SF and LA, we have taxis, Sidecar (our portfolio company), Lyft, and Uber. Around [...]  Read more

Network Effects for SaaS Businesses

Later today I am talking at Point Nine Capital’s annual SaaS conference. The topic will be how to create network effects for SaaS businesses. Just as a quick reminder, a business has network effects if the value of the service [...]  Read more

A Short Note on the Word “Panic”

In the current discussions on what to do (or not to do) about the Ebola outbreak the word “panic” is being abused. Panic means a “sudden, overpowering terror, often affecting many people at once.” And some of the nonstop CNN [...]  Read more

Parallel Book Reading

I used to be highly skeptical that one could be reading more than one book at a time. But in the last couple of years what I have found works best for me is to have 3-4 non fiction books [...]  Read more