Wall Street Journal: U.S. Business

  • Icahn to Oppose Dell's Purchase of DVMT Tracking Shares
    Carl Icahn revealed an 8.3% stake in DVMT and says he plans to vote against Dell’s plan to buy the stock as part of a deal intended to return Dell to the public markets.
    - 15 Oct 18, 8:30pm -
  • A Drama CBS Can't Cancel---the One in Its Boardroom
    CBS sought to turn the page on upheaval when Leslie Moonves stepped down as chairman and chief executive. Instead, the boardroom drama continued.
    - 15 Oct 18, 8:22pm -
  • How Robots and Drones Will Change Retail Forever
    What if you could store and deliver goods as easily as data? Amazon, Walmart and others are using AI and robotics to transform everything from appliance shopping to grocery delivery. Welcome to the physical cloud.
    - 15 Oct 18, 7:51pm -
  • Google Pixel 3 Review: This Phone Upgrades the Whole Android Universe
    The Pixel 3 is Google’s best Android device on the market, even beating the iPhone in a number of important ways. Its processor is fast, screen is vivid and colorful and the camera is better than ever, especially for selfies.
    - 15 Oct 18, 7:48pm -
  • U.S. Government Deficit Grew 17% in Fiscal 2018
    The federal deficit widened last year amid higher government spending—including rising interest costs on the debt and increased funding for the military—and flat revenues following last year’s tax cut.
    - 15 Oct 18, 7:43pm -
  • Superdry Loses Its Cool as Warm Weather Hits Sales
    Shares in Superdry plunged 21% after the British clothing brand warned hot weather in Europe and the U.S. had hit demand for its jackets and sweats.
    - 15 Oct 18, 7:31pm -
  • U.S. Tax Changes Hit Global Investment Flows
    Global business investment flows fell sharply in the first six months of the year, as U.S. companies repatriated profits in response to changes in the country’s tax law, the United Nations said.
    - 15 Oct 18, 7:29pm -
  • Yellen Calls Trump's Attack on Fed Counterproductive
    Former Fed Chairwoman Janet Yellen said President Trump’s attacks on the central bank could be counterproductive if they cause investors to doubt the Fed’s commitment to keeping inflation in check.
    - 15 Oct 18, 5:38pm -

Robert Reich

Naked Capitalism

Overcoming Bias

  • What Future Areas Matter Most?
    I made a list of 44 possibly important future areas, and just did 22 Twitter polls (with N from 379 to 1178), each time asking this question re 4 areas: Over next 30 years, changes in which are likely to matter … Continue reading →
    - 7 days ago, 1 Aug 20, 6:40pm -
  • Incentivized Guardians
    Tyler recently reminded me of a key institution design problem: There is an entire category of American adults being denied almost all of their basic legal rights: to hold a job, choose a residence, determine their health care, enter into … Continu…
    - 9 days ago, 30 Jul 20, 5:40pm -
  • Innocent Verdicts
    From David Friedman’s Legal Systems Very Different from Ours: Athenian Law: The Work of a Mad Economist … Most law cases were either public or private. A public case corresponded roughly to our criminal cases; it was supposed to be … Continue r…
    - 16 days ago, 23 Jul 20, 11:10pm -
  • School Vouchers As Pandemic Response
    Politico asked me and 17 others: If you were in charge of your school district or university, how would you design the fall semester? My answer: Let 1,000 vouchers bloom. Schools face very difficult choices this fall, between higher risks … Continu…
    - 17 days ago, 22 Jul 20, 2:15pm -
  • Beware RightTalkism
    Some religions put “right belief” as a core principle in their qualifications for belonging, if not for eternal salvation. I have coined this religious phenomena as “Beliefism”. (More) [In contrast to Christianity,] In Rome, individual expres…
    - 21 days ago, 19 Jul 20, 12:20am -
  • Future Timeline, in Econ Growth Units
    Polls on the future often ask by what date one expects to see some event X. That approach, however, is sensitive to expectations on overall rates of progress. If you expect progress to speed-up a lot, but aren’t quite sure … Continue reading →
    - 30 days ago, 9 Jul 20, 7:45pm -
  • Thomas More on How to Corrupt Law
    From More’s famous book Utopia, a description of three standard ways to corrupt the law: “But what, if I should sort with another kind of ministers, whose chief contrivances and consultations were by what art the prince’s treasures might be in…
    - 30 days ago, 9 Jul 20, 6:20pm -
  • We Colonize The Sun First
    Space is romantic; most people are overly obsessed with space in their view of the future. Even so, these remain valid questions: When will off-Earth economy be larger than the on-Earth? Where in the solar system will that off-Earth economy … Conti…
    - 34 days ago, 5 Jul 20, 2:40am -
  • Utopia’s Garden, World, and Wall
    Imagine that you lived in the “human quarter” of a vast city full of diverse aliens, all on a planet far from Earth. These aliens are quite strange and hard to understand in many ways, and so cannot simply be … Continue reading →
    - 35 days ago, 4 Jul 20, 4:22pm -
  • Board Games As Policy Arguments
    When we want to convince others to support our policy positions, we often tell stories. We tell people about things that happened to us, to people we know, and to people we’ve heard of. Journalists tell stories about what happened … Continue read…
    - 37 days ago, 3 Jul 20, 12:30am -

Information Arbitrage

  • Recycling: The challenge and the opportunity for a Seed stage VC
    My recent post gave rise to a host of questions around the issue of recycling. What does it mean? How do you do it? And what are the implications for venture investors? I attempted to respond in a Tweetstorm, but recycling is a complicated issue that…
    - 5 Oct 16, 8:48pm -
  • The TTD Investment and the IA Ventures Model
    A Little HistoryIA Ventures began life a little less than seven years ago, just as the world was coming out of the worst economic crisis since the Great Depression. The term “Micro VC” had yet to be coined. “Big Data” was still somewhat myste…
    - 29 Sep 16, 1:25am -
  • Welcoming John to IA
    Brad, Jesse and I are happy to announce that our friend and colleague, John Hadl, is joining IA Ventures as Venture Partner, effective immediately. We have personally gotten to know John over the past four years due to our shared investment in PlaceI…
    - 12 Mar 15, 8:29pm -
  • Crowdfunding for start-ups: A durable trend or a bull market phenomenon?
    Angel investing is red hot as is the concept of crowdfunding start up investment. Part of this phenomenon has been driven by the emergence of AngelList, the brainchild of Naval Ravikant. What started out as a way for a curated set of angels to inves…
    - 23 Nov 14, 10:44pm -
  • Financial interaction: the next generation
    I have spent over 25 years creating, processing and analyzing financial transactions. I like studying them - a lot - whether an outgrowth of my time on Wall Street helping sophisticated entities manage risks, or through IA Ventures’ investments in…
    - 25 Feb 14, 10:43pm -
  • IA Ventures: Reflections on 2013
    2013 was a very different kind of year for IA Ventures. While the years 2010-12 were characterized by 8-10 new investments per year, in 2013 we invested in only three new companies: Data Robot; Digital Ocean (DO) and Sight Machine (SM). Digital Ocean…
    - 3 Jan 14, 8:28pm -
  • “If you can’t do something willingly and joyfully, then don’t do it. If you give...
    “If you can’t do something willingly and joyfully, then don’t do it. If you give up drinking, don’t go moaning about it; go back on the bottle. Do. As. Thou. Wilt." - The late Peter O'Toole
    - 16 Dec 13, 1:05pm -
  • Venture Capital and "Innovation"
    Many have recently been critical of the role of the venture industry in financing “true innovation.” The narrative goes something like this: “VCs are like lemmings, flocking to the latest consumer wave (mobile chat, ride-sharing, etc.) in searc…
    - 16 Dec 13, 2:41am -
  • Evidence is mounting that people at the bottom are increasingly stuck without skills or pathways to...
    Evidence is mounting that people at the bottom are increasingly stuck without skills or pathways to rise. Research from the Federal Reserve Bank of Boston shows that in the 1980s, 21 percent of Americans in the bottom income quintile would rise to…
    - 15 Dec 13, 1:51pm -
  • Soft is the new Hard
    I live in a world where engineering and technical talent is valued above all others, where the Holy Grail is a “coding ninja” who can crank out oodles of elegant code at a breakneck pace. These people speak a language that is distinct and only un…
    - 14 Nov 13, 4:32am -