Tag Archives: entrepreneurship

Stats on Startups Registered on CrunchBase

Many thanks to Sameer Al-Sakran for compiling the numbers. Category Started Funded %F ∑Raised TC Posts Advertising 3972 631 16 $8B 996 Biotech 2787 1770 64 $42B 43 Cleantech 1302 719 55 $33B 192 Consulting 3330 176 5 $2B 444 … Continue reading

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Base Hits > Homeruns

After talking to a number of PhD students, I’ve come to conclude two things. First, that many (especially in “genius disciplines” like maths or physics) are motivated by the goal of being the smartest human who ever lived—“the next Einstein”, … Continue reading

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Smart Risks

One misconception I got from the academic theory of finance is that risk and reward go together. You take on more risk, you get more reward. This is formalised in CAPM theory as a higher expected return associated with a … Continue reading

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Gauging the frothiness of the webby/techy/san-fran VC market. Source: Mark Suster. Propagated via one of tumblr’s owners, who added: Based on the NVCA statistics on the venture capital industry, there are [approximately] 1,000 early stage financings every year…. And somewhere … Continue reading

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Don’t Blame the Macroeconomy

It irks me when people blame “the bad economy” for why they don’t have a job. It’s like arguing that your town used to be really cold, but now it is hot, because of global warming. It may be that your … Continue reading

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Who cares about international test scores?

“Our country scores worse than Finland, Japan, India, … on standardised tests.” So what? Magazines cite the sorry state of education as often as I scrub clean the stove-top. What’s the big deal? Why should I care if another country’s … Continue reading

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Targeted Ads

People have been saying that ads are going to be more targeted on the Web since the 1990’s. The more data we give to corporations, the better they can “serve us” ads which “meet our needs”. I read that again … Continue reading

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Dead ex-Factory Towns

What we have here is a failure of the imagination. I know of more than one town in the USA with at least 500 properties in foreclosure. Whole neighbourhoods could be bought for O(10⁴) dollars. But what could you do … Continue reading

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Freshbooks vs Smartecarte

The above websites are all suspiciously similar — not made by the same person, but by the same culture: web developers. Fact: All of them claim to be “the easiest way to send invoices online”. I believe the logic behind … Continue reading

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Open Source Contracts

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