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 [...]
Entries from March 2009
Houston’s Frozen Real Estate Market
March 25th, 2009 · 1 Comment
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 [...]
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 [...]
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 [...]
Tags: musings
SXSW
March 15th, 2009 · No Comments
I love South by Southwest
Tags: Venture Capital