A funnel or an umbrella
Not sure why I took so long to read this. I guess it’s only when you’re in a position of some responsibility that the need for this becomes obvious. Quote from Techcrunch: Product manager Todd Jackson made the humorous revelation when explaining how the Gmail team works as a group of about 100 people, the vast majority of which are engineers. “You can either be a shit funnel or a...
Lessig Blog, v2: A time for silence →
lessig: A week ago today, Aaron gave up. And since I received the call late Friday night telling me that, like so many others who were close to him, I have not rested. Not slept, really. Not connected with my kids, at all. Not held my wife except to comfort her tears, or for her to comfort mine. Instead…
Randomness and Poisson distribution. →
Edward Tuck Letter
This extract from a letter that Edward Tuck wrote to then Dartmouth President William Jewett Tucker is read during the Tuck Investiture. I couldn’t find it anywhere online; so here it is, typed up and ready to be indexed. — In the conduct of the school to which you have done my father’s memory the honor of attaching his name, I trust that certain elementary but vital principles on...
The 10 San Francisco Tech Companies You Wish You... →
I don’t have to wish - I already did.
Two movies in two days
What did I do over the weekend? Watched two movies. Sandy (the hurricane) had spared the UES and Times Square. Both good movies. Flight makes you want to do a breathalyzer as you enter your flight.
Recap 12: Capital Markets
Not being an investment banker affords me the luxury of being lazy about recap’ing these concepts. But here we go: Background The fundamental notion here is the Time value of money. A dollar today is worth more than a dollar tomorrow. This leads to the various Present value formulas Avenues for raising money (and conversely investing) essentially boil down to stocks and bonds. The least...
The Capital Gains Tax Argument
I don’t have a dog in this race - I’m not an American. Arguments of every kind have been made about Mitt Romney’s fortune. Some have more credence than others. However, the conclusion that today’s NYT Editorial draws - “The best way to end this problem is to get rid of the special rate for capital gains” is flawed, in my opinion. The issue is not that capital...
How time flies
2 years to the day that I saw this.
The ever wise Feynman
I love Richard Feynman. I’ve read many of his books and I find his way of thinking to be very evolved and “correct” in some sense. He’s thinking on a plane of thought that I can only aspire to achieve. When I discovered these videos on Youtube, courtesy of http://www.brainpickings.org/, I was delighted. Good, insightful commentary from Feynman (a lesson in saying so much...
Recap 11: Notes on Private Equity
Private equity has been in the news lately - thanks in no small part to Mitt Romney. We discussed the gent during an LGE Forum. The discussion there was informed, not least because most people at Tuck actually know what PE does, how it operates, what incentives are offered and so on. Numerous Tuck alums work in PE/VC, some more famous than others. Everyone wants to work in PE/VC - most want to do...