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Posts

2019


Skin in the Game Startups

·3 mins
I don’t like making predictions, but one prediction I do have is that many future big companies will be what I call “skin in the game startups” (you heard it here first). Having skin in the game simply refers to sharing risk and rewards with a counterparty. In startupland, angel investors have skin in the game: they give money to founders to help them start a business in exchange for equity with the hope that the business will become more valuable in the future.

"Can I Pet Your Dog?"

·2 mins
I get asked all the time by strangers, something to the effect of “Can I pet your dog?”. People see her, think she’s cute, and feel a sudden strong urge to touch her. Some people will just reach out without asking, but the majority of people ask first. My pup at the Union Square dog run in Manhattan I don’t object, but I’m not sure my dog always enjoys it when people put their hands on her, or in her face.