The 5-year bootstrapped odyssey of Sno-Go, a snow bike for the everyday ski mountain visitor

 Skiing has always been something of a nightmare for me. I first “learned” how to ski in middle school, and still to this day don’t really understand how to stop. I once went to a “black diamond” mountain in Minnesota (read: gently sloping Midwest hill) and had to slam myself into the ground before skiing straight into the ski chalet. I’m hardly alone in my… Read More

As Cook and Pichai leave China, Valley confronts rising internet tyranny in world’s second largest market

 It’s been a bad few months for internet freedom in China (and really a bad few decades, but who is counting?). The government brought into force a broad-ranging “cybersecurity law” earlier this year that empowers Beijing to take unilateral control over critical internet infrastructure, while also mandating that foreign companies keep all citizen data local inside China… Read More

Intuit’s “rise of the rest” M&A strategy means large paydays outside the Valley

 This morning, Frederic reported that Intuit has acquired Tsheets, a time-tracking service, for $340 million. That’s one of the highest prices that Intuit has ever paid for an acquisition, roughly equal to the cost of the company’s acquisition of Mint Bills / Check in 2014, and slightly smaller than the acquisition of Demandforce in 2012 for $423 million (which Intuit has since… Read More

The loss of first check investors

 Victor Basta hit a nerve with his article on TechCrunch last week describing the “implosion” of venture capital over the past 36 months. Using PitchBook data, he found that the total number of VC rounds committed to startups has declined from 19,000 in 2014 to 10,000 estimated for this year, even while dollars invested has remained mostly static. Silicon Valley is no longer making… Read More

The End Of The Big Venture Formula

Blade_Runner_unicorn Well, do I have the deal of the century for you! Investors – the smartest investors in the world – are throwing billions at it! The price can only go up! People are flocking from around the globe to get their share! Time is very limited, so you have to act now! It’s so exciting, I even forgot how to use normal punctuation!!! Then there’s the crash and suddenly, the… Read More