The idea that something can be likely and not happen, or unlikely and still happen, is one of the world’s most important tricks.
In the weeks since Covid struck, there has been an eruption of livestream startups sprouting up for seemingly every use case imaginable. It’s incredible to see how quickly entrepreneurs and builders are able to react to a shift in the market. It’s similarly incredible to witness how quickly many VCs have already market mapped these budding startups (thank you to all of you).
I grew up ski racing in Lake Tahoe. I was on the Squaw Valley Ski Team, and it was the center of my life for over a decade.
Life is a little easier if you expect a certain percentage of it to go wrong no matter how hard you try.
Coronavirus is a wrench in the forecasts of most companies.
In the spring of 2014, I reached out cold to Mike Russell and Justin Geller to discuss the business they were working on at the time – Paintzen. That call was the start of one of the most rewarding experiences for me as an investor. Not only was it one of the first exits I participated in as an investor, but we all became friends along the way.
A few things revealed in recent months.
Do we know more about what’s going to happen in the next 12 months today than we did in January?
We’re thrilled to announce our investment in Particle Health.
John Templeton famously said, “The four most dangerous words in investing are: ‘It’s different this time.”