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Entries from March 2009

Houston’s Frozen Real Estate Market

March 25th, 2009 · 1 Comment

I am in the middle of buying a house in Houston and have come face to face with a frozen market. The concept is really simple. You think an asset you own is worth something; this is called ‘mark’. The market is only willing to pay something else; this is called ‘market’. Unless the owner [...]

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Tags: musings

The VC Approach to AIG Bonuses

March 23rd, 2009 · 3 Comments

Over the past few days it has become somewhat fashionable for folks who purport to understand business to criticize recent moves by the government to reduce bonuses at companies that have received government funding. Without getting into the merits of whether these folks deserve their bonuses or not, I strongly believe that the government should [...]

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Tags: Venture Capital · musings

Advertising is needed more than ever

March 23rd, 2009 · 1 Comment

Contrary to what others are saying, advertising is not dead. Far from it, advertising has never been more exciting. That’s because there has never been a greater need for what advertising does.  Firms advertise to generate awareness. Awareness induces trial, and if the user is satisfied trial can translate into recurring purchases. Firms need to [...]

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Tags: musings

SXSW taught me that netbooks are DOA

March 21st, 2009 · 3 Comments

South By Southwest is the best creative conference in the world. Between Interactive, Film, and Music the festival covers an absurd amount of ground which can’t help but get the mind turning.   In March of 2007 SXSW introduced the world to Twitter, a service that proves absolutely indispensible during a conference that boasts 108 [...]

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Tags: musings

SXSW

March 15th, 2009 · No Comments

I love South by Southwest

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Tags: Venture Capital