Pan-European Cloud

Remember way back in February — before even COVID — when I wrote about this weird ideathe EU had about a “single data market”? Well, of all the possible ways they could have pursued this, it looks like they picked the dumbest of the dumb. Here are some tidbits. The Internal Market Commissioner for the EU, […]

Is the Internet killing small businesses?

The WSJ ran an article on the effect of COVID on small businesses. Some of the information is shocking — from the difficulty of getting capital (even through government subsidized loans), to the fact that perhaps as many as 1 in 5 businesses that were open in January may have shut their doors permanently. But […]

NBC reorgs cable networks, or, where is the value in entertainment?

Cable providers, fresh off their media company acquisitions, are getting hit hard by COVID — advertising revenue is way down, and cord-cutting has joined the long list of transitions that were already happening but got accelerated by the pandemic. But just because a trend is accelerating, doesn’t mean that the incumbents have any idea what […]

China is becoming more communistic

I’ve written quite a bit about China’s international moves to expand their sphere and scope of influence, and about the US’s and EU’s response — and all of that is certainly of global economic import; but this week China made a really interesting internal move. Remember, China is the second largest economy in the world […]

The new Evernote is here! (?!)

I’ve never been a fan of Evernote. I’ve probably tried it a dozen times, and I never end up using it for more than a day or two. But 250 million people disagree with me, and the reason I’ve tried more than once or twice is that a lot of people in my circle display religious fervor […]

Good and bad M&A

It appears that Oracle has won the bid to purchase TikTok’s US operations. ¯\_(ツ)_/¯ Anyone who knows anything about Oracle has to seriously wonder what this is going to do. Sure, Oracle desperately needs to enter new markets, but … TikTok? At the other end of the spectrum, NVIDIA is acquiring ARM. Now, that deal makes a lot […]

Belarus playing out as predicted

As I discussed back in mid-August, the legitimacy and continuation of Lukashenko’s strong-man hold on Belarus could include a closer relationship with, and consequent help from, Russia — but only if Lukashenko made his request much more clear and public. Last week, Russia’s Prime Minister visited Belarus, and said that Moscow was willing to send “police” to […]

If Australia doesn’t get their act together, they may lose all news

The news business has always been tough. It’s been extra tough since the Internet came along. It’s shrinking in every possible way — relevance, number of reporters, income, readership; you name it, it’s hard to be in the news business. But as we look at the “news” on the Internet, it’s easy to see why, […]

The Rise of No Code

Innovation, perhaps tautologically, comes from the cutting edge. In the world of cars, we owe disc brakes, dual overhead cams, and MacPerson struts (to name just a few) to car racing. This is the world I was discussing at the beginning of the month, when I said we need a lot more and better computer scientists […]

SEC Rule Changes

Two significant rule changes came out of the U.S. Securities and Exchange Commission this week. First, there was a change in the definition of “accredited investor”. If you don’t know what that term means, then you’ve never tried to invest in a start-up — or invest in a VC fund, or buy pre-IPO stock, or […]

California vs. Uber/Lyft

In other legal battles, California passed a law known as AB5, which seeks to force so-called gig-economy workers to be classified as “employees”. California then succeeded in a case, with a judge ordering Uber and Lyft to do exactly that — convert all of their drivers to employees. Uber and Lyft retaliated, vowing to shut […]

Rolling funds are all the rage

Back at the beginning of the year, AngelList launched “rolling funds”. While several funds have launched in the intervening 7 months, last week Gumroad founder Sahil Lavingia launched one, which got them all over the VC-twitter universe. Rolling funds are an interesting alternative for small LPs and new GPs looking to start something. The way […]