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It’s Morning in Venture Capital

Both Sides of the Table

Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. If you want to understand the details of why this is, I covered it in detail in this post, Understanding Changes in the Software Industry.

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Lessons Learned: Continuous integration step-by-step

Startup Lessons Learned

Integration risk is the term I use to describe the costs of having code sitting on some, but not all, developers machines. It happens whenever youre writing code on your own machine, or you have a team working on a branch. It also happens whenever you have code that is checked-in, but not yet deployed anywhere.

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Selling to the enterprise: “Sell to few” vs. “sell to many”?

Version One Ventures

This preference isn’t necessarily due to market size, but rather the structure of the market: are there only a few dozen customers that might buy your product or are there thousands, or even tens of thousands of potential customers? These acts can often be start of a viral growth curve in the enterprise. Final thoughts.

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What the Past Can Tell Us About the Future of Social Networking

Both Sides of the Table

The Bridge Between Online Services & The Internet: AOL. It was an online community like CompuServe and eventually started offering people dial-up access to the Internet for a monthly fee. AOL was controlled by one company and the Internet was distributed. AOL was closed, the Internet was open. And then came AOL.

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The only 2 ways to build a $100 million business

Version One Ventures

Your business has a high viral co-efficient (or perhaps even a network effect) that lets you amass users cheaply without worrying too much about the monetization per user or spending money on paid acquisition. High LTV can usually be found in transactional or subscription businesses.

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Don’t Sleep on Consumer Tech: AI is Changing Everything

VC Cafe

Gartner predicted in 2024 that traditional search engine volume could drop 25% by 2026 due to users favoring AI chatbots and virtual agents. NFX argues that in 2025, the consumer window has finally reopened due to advances in AI. AI is changing the game in consumer tech.

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Lessons Learned: The hacker's lament

Startup Lessons Learned

When I want to know about some concurrency issues between services in his cluster, he doesnt blink an eye when I suggest we get the source code and take a look. Hes just as comfortable writing code as racking servers, debugging windows drivers, or devising new interview questions. He throws off volumes of code, and it works.