My views on the market, tech, and everything else

Tag Archive for ‘Venture Capitalists’

A Dozen Things I’ve Learned from Sam Altman about Venture Capital, Startups and Business

Sam Altman is the president of Y Combinator. He was also the cofounder of Loopt, a location-based social networking app. Altman studied computer science at Stanford University. 1. “The best companies are almost always mission oriented.” “Eventually, the company needs to evolve to become a mission that everyone, but especially the founders, are exceptionally dedicated to. The ‘missionaries vs. mercenaries’ soundbite is overused but true.” If the founders of a […]

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Angel Investing and Power Laws

Warren Buffett’s view on risk is the right response to the data contained in the post by Robert Wiltbank on Angel investing returns. In an essay in which he discusses risk, Buffett advises: “… If significant risk exists in a single transaction, overall risk should be reduced by making that purchase one of many mutually-independent commitments.  Thus, you may consciously purchase a risky investment – one that indeed has a […]

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