When you (a VC) see a round of new fundraising comprised only of existing investors, what do you think the reason is? (select all that apply) The second most popular answer was “To keep a good deal to themselves.” The first most popular was “To overcome a short-term setback”. (Gompers…

And I love it. The trailblazing Netflix series has birthed a genre of entertainment that I’ve never seen before, combining everything we love about Law & Order, Impractical Jokers, and talk shows. Murderville follows Sr. Detective Terry Seattle (Will Arnett) as he solves a series of unrelated murders. In each…

My boss asked me to join a Clubhouse conversation on angel investing a few weeks ago. I had heard of Clubhouse, but hadn’t yet been extended an invitation. I then asked my boss for an invitation, and he swiftly secured one from the host of the event, a Chicago-based venture…

What is a wealth tax? Whereas an income tax is a tax on a household’s revenue (salary), and our corporate tax is a tax on a corporation’s profit (revenue less expenses), a wealth tax is a tax on a household’s assets (what it owns) less liabilities (what it owes to…

You’re John Gotti, infamous boss of the Gambino crime family, America’s most powerful crime syndicate. You thought it would be good for business if you ran for U.S. President, but then you win. Yada-yada-yada, you now have a month left in office, and you must decide if you would like…

The Electoral College has been a punching bag for Democrats for years, but the ancient political compromise directly responsible for the losses of Al Gore and Hillary Clinton may actually give the Democrats a boost in November. …

I was always dead last in high school when we ran “The Mile,” and there is nothing I enjoy less. However, in 2017, my friend, Julian, asked me to run a half marathon with him for charity in New Orleans. …

Tipping emerged in the U.S. during Reconstruction, as a method for White business owners to avoid paying livable wages to newly freed Black employees (Time, Politico, Ford Foundation). …

I was speaking to a buddy the other day about the average IPO “bump,” meaning the performance of the stock on its first trading day. It seems like the stock (almost) always goes up a significant amount on that first day, and I thought it was more like 20% —…