One of the basic concepts of capitalism is the idea that competition is good for consumers. I think in most cases this is true. One famous example is the history of General Motors, a company that became so powerful and dominant that the US government considered breaking GM into separate companies. Read more

One of the hard truths in startups, especially VC funded startups, is that perception matters more than reality. Many people are able to raise vast amounts of money at high valuations on little more than excitement about the prospect of a viable business some time in the future. Read more

I really wanted to be a founder of a successful startup (where successful to me means the company can pay its own bills, and pay employees well). However the reality hasn’t matched my ambition and I’ve decided to find a job like a regular chump. Read more

Over the past few weeks I’ve noticed an increase in commercial real estate vacancies around Manhattan, especially ground level retail. Tonight on my walk, I took some photos around Flatiron, NoMad, and Union Square. Read more

We’re living in some interesting times, and I’ve been wondering how psychology plays into the current doomsday phenomenon. It’s fun to study history about previous events related to mass panic and hysteria. Read more