This is a short story about what happened to the U.S. economy since the end of World War II.
Collaborative Fund began with a thesis that a sharing economy would emerge to monetize underutilized assets and ensure more efficient and sustainable consumption of resources. In line with this, we’ve made several investments crossing a range of industries including: cars (Lyft and Getaround), home goods and accessories (Joymode), and professional services (Taskrabbit and Thumbtack).
Every past decline looks like an opportunity, every future decline looks like a risk.
At one point last week Florida was selling 550 lottery tickets per second.
Jack Welch allegedly passed a note across the table to Jerry Seinfeld. “$5 million per show” it said. Extending Seinfeld for a 10th season would have earned Jerry $110 million.
Here’s what happens when interest rates rise. It’s really simple.
I’m going to try to explain what’s going on in VC. First, a story about fish.
Fourpost offers both emerging and established brands barrier-free, turnkey access to physical retail and consumers through storefronts in a shared retail space. By offering short-term subscriptions instead of long-term leases, which are out of reach and unnecessarily restrictive for young or dynamic brands, Fourpost democratizes access to growth through physical retail. Through careful selection of member companies, Fourpost provides consumers with unique experiences to discover exciting new products, and builds community among entrepreneurs. We could not be more excited to partner with Mark Ghermezian and his team on this journey.
Artisanal. Handmade. Small batch. These terms have become the favored monikers for the foods that many of us are proud to eat. They signify a welcome departure from artificial ingredients, unhealthy additives, questionable ingredient sourcing, and flavors that taste anything but natural. This preference signifies a massive change in consumer behavior that has driven many of the investments in our portfolio, and we’re proud to work with founders who want to change the future of food.
BlackRock CEO Larry Fink once told a story about having dinner with the manager of one of the world’s largest sovereign wealth funds.