Back in February, I posted about Numeraire. I wrote: the Numerai team has now gone a step further and issued a crypto-token called Numeraire to incent these data scientists to work together to build the best models instead of just competing with each other And roughy four months later, I am happy to write that the […]
Just a quick reminder on where we currently are in Uncertainty Wednesdays: I had introduced the idea of measuring uncertainty, then we defined what a probability distribution is and learned about entropy, which is a measure of uncertainty that is solely based on the probabilities of different states. Show More Summary
Cooley, one of the top startup law firms, has open sourced the legal documents required to do a Series Seed or Convertible Note financing. They are available on Cooley’s CooleyGo document generation platform and also on GitHub. Kudos to Cooley for doing this. We need to make the transaction costs of getting a financing done […]
Thirty years ago today the Gotham Gal and I were married. It was a very warm and humid day in the Washington DC area and the skies opened up and poured during the wedding ceremony which was happily inside. After that, the humidity cleared and the sun came out and it turned into a beautiful […]
I’ve been thinking a lot about authenticity recently. The first thing to say is that it’s a woolly concept. As an individual I am clearly me, and therefore of...
I’m going to run my next marathon in October. I haven’t chosen it yet, but I’m getting close to deciding which one I want to do. And – I’m looking for some help on my training. Early this year, we invested in Dick Costolo’s new company, Chorus. Some of you know Dick from Twitter, where... Read more The post Join My Chorus Marathon Team appeared first on Feld Thoughts.
"In May 1940, Franklin D. Roosevelt called for the production of 185,000 aeroplanes, 120,000 tanks, 55,000 anti-aircraft guns and 18 million tons of merchant shipping in two years. Adolf Hitler was told by his advisors that this was American propaganda; in 1939, annual aircraft production for the US military was less than 3,000 planes. Show More Summary
The Gotham Gal and I have been coming to Paris for close to thirty years. We started coming with our family a little more than fifteen years ago and spent one summer here as a family about ten years ago. We bought an apartment here around five years ago and we try to be here […]
Mark Suster just put up a long post on this topic. His message is “it depends” and he explains the rationale for investing in growth vs getting profitable. I have come to think about this differently. If you are bootstrapping your company without the help of outside investment (ie angels, VCs, etc), then you have […]
One of the important topics that I have not yet addressed in World After Capital is the role of the Nation State. So I am gathering up some of my thoughts in a post first. I believe it is critical that we get past the dominance of the nation state as the key organizing principle in the world. Show More Summary
This is a few weeks old, but I finally got around to watching it. Mary always does a nice job of summarizing the latest trends.
Here’s an awesome Kickstarter project. I just backed it. You can collaborate with renowned astrophysicist Neil deGrasse Tyson to make a Space Odyssey video game. Here is the video: And here is the project if you’d like to back it.
I didn't grow up in a neighborhood where gunshots were a thing--and I know I am incredibly lucky for that. That's why when I pulled up to the corner of Atlantic and Fourth by the Barclay's Center yesterday at a couple of minutes after 2pm, the sound of gunfire was pretty startling, and it's not something I can easily shake. Show More Summary
The winner of the Wisconsin Governor's Business Plan competition this year is Northern Star Fire, led by Eau Claire fire captain Jeff Dykes. It's a great story. With perhaps a moral for investors and maybe entrepreneurs. Captain Dykes designed an...
Part of finding product/market fit is turning early wins into repeatable, scalable, and profitable sales. In my talk given at Heavybit as part of their speaker series, I discuss how to design a great sales process, analyze the buyers journey, and shorten the time to customer conversion from trials, freemium and open source products. Using examples from companies...
Our portfolio company Dronebase announced something interesting and fun this week. They have partnered with Getty Images to provide opportunities for drone pilots to fly “creative missions”: Before today, DroneBase pilots had accessShow More Summary
The last two Uncertainty Wednesdays we have looked at entropy as a measure of uncertainty. Today I want to tie that back to the original communications context in which Shannon introduced it. We can use our really simple model of a world with two states and two signal values to do this. Show More Summary