My 5 Highest ROI Seed-Stage Tech VC News Sources

These are the five news sources that provide the highest bang for my buck in this game. Definitely interested in any suggestions y'all have in addition to this. Axios Pro Rata (https://www.axios.com/). A similar approach to the Ticker but has Dan Primack doing it. He came from Fortune's Term Sheet and is very smart. LAUNCH Ticker (https://www.launchticker.com/). Each day's tech startup news in a <10-minute read. The Information (http://theinformation.com). This is a paid service but does much more in-depth reporting than…

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Hiring as a Probabilistic Exercise

Poker is a great game for business people. It requires players to think in probabilities rather than absolutes. You can make the right play in poker and lose some percentage of time because luck is involved. (This is a great primer on poker math.) Many new managers think about hiring in absolute terms. They use language like "Will this be a great team member?" Team members in the hiring process are asked to do the impossible and predict the future. I view hiring with probability in mind. I ask, "What…

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The Next Silicon Valley is...

Shanghai? LA? Berlin? I think the next Silicon Valley is the internet. Here are some data points: Entire companies like Automattic, the company behind WordPress, are being built with no permanent offices. I have a friend living in Alpine, TX who works for them. You can see the location of Alpine. Perhaps the opposite of a tech hub. TechStars and YCombinator are both operating "virtual" tech accelerators over the internet. Every company in the program at RealCo spans multiple geographies. Every single one. That caused us to become distributed as…

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A Tech "Rooney Rule"

The Rooney Rule is a National Football League policy that requires league teams to interview minority candidates for head coaching and senior football operation jobs. (from https://en.wikipedia.org/wiki/Rooney_Rule) The Rooney Rule was created in the National Football League (NFL) to ensure that minority candidates got a shot at coaching jobs. I've seen many tech jobs filled when people of color or women were never even considered. If we're serious about diversity, let's fix it one company at a time by making consideration of a variety…

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Thoughts on Blockchain

1) Blockchain is still really very early. It feels like IP/Internet protocols did in the mid-90s. Gopher, Telnet, Usenet and the WWW were all the rage with no clear winners. The most interesting tech was still to come like Javascript, web-MVC and P2P didn't exist. This list is what made me think of that parallel: https://www.alexfortin.com/top-5-blockchain-projects/ 2) Like Internet 1.0, there's lots of glomming on of the world we know know onto this tech. In the mid-90s, newspapers decided just to put giant jpegs…

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