Greed Isn’t Good — AVC

The famous Gordon Gekko line that “greed is good” is bandied about quite often to explain why capitalism, and the pursuit of riches, is a positive thing for the economy, society, and the world at large. Greed is not good. There is a fine line between the profit motive and greed. I am a firm…

via Greed Isn’t Good — AVC

Audio Of The Week: Recovering From Failure — AVC

https://w.soundcloud.com/player/?url=https://api.soundcloud.com/tracks/334451402

In last week’s Positively Gotham Gal podcast, Christine Quinn, the former NYC mayoral front runner who got passed and beaten by Bill de Blasio, talks about dealing with failure and how to recover from it. It’s a good listen: USV TEAM POSTS:Nick Grossman — August 4, 2017Learning by doingJacqueline Garavente — August 3, 2017ARKit: a…

via Audio Of The Week: Recovering From Failure — AVC

Apple and the Oak Tree

On October 5, 1999, Steve Jobs introduced the iMac DV and a new application called iMovie, declaring: We think this is going to be the next big thing. Desktop video…which we think is going to be as big as desktop publishing was. The problem is that “the next big thing” had already arrived: four months…

via Apple and the Oak Tree — Stratechery by Ben Thompson

Wall Street is getting its revenge on Snap

Snapchat, the disappearing messaging app, was launched with the idea of bringing something edgy and different to online communications. Its parent company, Snap, tried to do the same when it went public in March, debuting with a stock structure that gave no voting power to its newest shareholders. While Facebook and Google have multiple classes…

via Wall Street is getting its revenge on Snap — Quartz

Assumptions

In 1952, the Boston Symphony Orchestra put up a screen during musician auditions to make them “blind”. They had been hiring more men than women and were trying to figure out if they were biased in their hiring. Still, the audition results skewed towards men. Why?There’s a bar my wife and I like to visit near…

via Assumptions — Signal v. Noise – Medium

When Machine Learning Becomes AI

watch time: 4 minutes Even among experts, the terms “machine learning” and “AI” can mean very different things. But what is machine learning, really? And when does machine learning truly become artificial intelligence? a16z General Partner Vijay Pande breaks it …

via a16z Video: When Machine Learning Becomes AI — Andreessen Horowitz

Unrelenting Stress — AVC

I saw this Elon Musk tweet yesterday: The reality is great highs, terrible lows and unrelenting stress. Don’t think people want to hear about the last two. — Elon Musk (@elonmusk) July 30, 2017 What he describes in that tweet is the life of an entrepreneur. And also, to some extent, the life of a…

via Unrelenting Stress — AVC