Posts in News

Hard Wired For Trouble

I am up in northern Minnesota and I am reading Brian Portnoy’s excellent book on investing. I will blog about it another time when I am finished.  I am on my iPad, and haven’t figured out how to cut and …

Business Cards

Who likes business cards?   Every time I go to a meet up or a function, I come home with pockets full of them.  Usually, I can find people on LinkedIN or someplace else.  I don’t have a good process …

Looking Ahead In FinTech

Financial innovation is happening, but most consumers won’t see the bulk of it.  It’s happening behind the scene.  A lot of the smoke and fire around financial innovation is in Blockchain.  The lion’s share of money is going toward it. …

Financial Statements and Valuation

Are financial statements relevant anymore?  In this topsy turvy market that seems to defy gravity, I wonder.  I read this article in Marketwatch about how financial statements don’t seem to matter when it comes to stock valuation.  I am sorry, but …

The Heavy Lifting

A lot of the Fin Tech industry revolves around the easy stuff.  The new app on your phone.  The saving pennies, nickels and dimes app.  The new investing app. This is all well and good, but it’s easier to build …

Scaling Your Portfolio

My friend Fred Wilson has a post up about active vs passive investing.  It really got me thinking because I am seeing trends in the angel investing/early stage world that I don’t agree with.  Crowdfunding has really allowed people to …

The Coup in Turkey

Wow, on the heels of another terror attack in France, a coup starts in Turkey.  By the way, there is no negotiating with the likes of ISIS.  The only way to win is kill them all.  Distasteful for a civilization …

Playing It Straight

Playing it straight has been a part of my entire life.  The exception has been some of the people I have met in the startup world.  Since becoming involved with startups, I realize how lawyers stay in business.  Transparency is …

Competition Is Healthy For International Trade

In the age where everyone gets a trophy, we lose site of why competition is truly a healthy thing.  In Fin Tech, I think we are going to find out.  One thing the EU does is try to stamp out …

World Events and Fintech

A lot of folks are trying to figure out what Brexit means for Fin Tech.  London is a huge financial center and has a great Fin Tech community.  I think it’s a waste of time trying to figure out the …

Breaking It Down

The other day, I showed how my partner Kenny and I came to our investment thesis.   It took more than a blogpost.  We have been discussing it for a long time.  I wanted to break it down a little …

Centralized VS Decentralized

I found this video interesting because it goes against my general opinion. It’s easy to say she is talking her book. That’s the cynical view. But, she makes some interesting points on servicing the back end of the transaction. I …

Chicago Aldermen Tell Startups to Go Away

As expected, Chicago alderman passed very stringent regulations and taxes on ride sharing and on AirBnb.  They will justify their decision citing fear, and the broken city budget.  As a Lyft driver told me last night, “They seem to be …

Post Brexit

I wanted to let the dust settle a little before I commented or thought really hard about Brexit.  Volatile events like that have after shocks as well, and we haven’t seen those yet.  As you are reading stories  and opinions …

The Black Knight Strategy Doesn’t Work Long Run

Some people will remember this scene and many won’t. If you haven’t seen the movie Monty Python and the Holy Grail, download it and watch it. It’s funny. 100% satire. When you are a startup, it’s all about survival. We …

Government Can’t Stamp Out Great Ideas

A long time ago, I was on the CME/PAC. Often, legislators from Washington DC would come to CME and tour the floor. After the tour, we’d get to meet them, take our photos with them, and talk frankly about business …

#Brexit

Today Great Britain votes on Brexit.  I saw some stuff on “how to insulate your portfolio from Brexit”.  Truth be told, there is no way to do that.  It’s a binary event that will probably cause a quick market move, …

It’s Not If, But When

The innovation we are seeing today is like few times in human history.  It’s truly amazing.  It’s trite to say innovation is disruptive, but innovation today is really rubbing and creating a lot of friction in traditional hierarchy. I want …