Some thoughts here from someone who just launched a crypto fund. Note, I’m a technologist by background (programming since 10, studied finance, started a startup, raised VC, sold, then crypto investing personally for 18 months before launching fund)
This ICO is effectively a series Seed/A round for the company. How can I reasonably invest not knowing what the valuation is? Does my 100 Ether get 1% of the company or .1% of the company? I have no clue. I cannot make a rational investing without this information.
Devin, thanks for the note. I think I was a little liberal with the phrase “ the only constant in human history is the progress of technology.” Technically speaking, you’re correct. There have been ups and downs in various societies.
But at a global scale, I stand by my statement. No economic, social, political, or religious…
There is a time and a place to do post-portem analysis on deals that have been lost. The weekly forecast meeting is not that place. That is a separate session, probably every 1–2 months.
For deals that are getting pushed, they should be grilled in the forecast. The whole point of the forecast meeting is to forecast…
Ted, although there’s nothing conceptually wrong with what you’ve described, I think there are multiple solutions to the problem you’ve highlighted.
The problem that you’ve ID’d is only a problem because Apple and Google haven’t yet focused their resources to solve this problem. Consider this alternative scenario
Thanks for the clarity on the history. I realized shortly after I wrote it that I had gotten the brand wrong. Fortunately, it didn’t really impact the broader point I was making.
I love that you saw the Internet as the threat to Encarta so early. You were right 😀