USV TEAM POSTS:Albert Wenger — September 5, 2018
Uncertainty Wednesday: A New Tack
As a public company, we are subject to wild swings in our stock price that can be a major distraction for everyone working at Tesla, all of whom are shareholders. Being public also subjects us to the quarterly earnings cycle that puts enormous pressure on Tesla to make decisions that may be right for a given quarter, but not necessarily right for the long-term. Finally, as the most shorted stock in the history of the stock market, being public means that there are large numbers of people who have the incentive to attack the company. I fundamentally believe that we are at our best when everyone is focused onContinue reading "Being Public"
Wall Street Journal sources say the SEC has since made inquiries to Tesla to find out whether Musk’s tweet was truthful and why he chose to announce such a move on Twitter instead of through a regulatory filing. Musk could be held legally liable if regulators determine he was intentionally trying to boost the stock price with his tweet. Musk later
The world has all-but stopped making new tech unicorns. pic.twitter.com/rppXVg5hWX— Jim Edwards (@Jim_Edwards) May 29, 2018
USV TEAM POSTS:Bethany Crystal — May 28, 2018
How to Get a Whiteboard into Your Apartment Via the Roof
USV TEAM POSTS:Albert Wenger — May 9, 2018
Uncertainty Wednesday: Beliefs (Part 3)
“If you buy something like a farm, an apartment house, or anContinue reading "Is Buying Crypto Assets “Investing”"
This Giant Infographic Has 140+ Facts on the Scale of AmazonAs Amazon continues its takeover of the retail sector, the scale at which it operates continues to impress. Back in late 2016 we examined the extraordinary size of Amazon from a market valuation perspective, which showed that the ecommerce giant was worth more than most brick and mortar retailers put together. Today’s infographic from 16Best continues along that same thread, except this time focusing on Amazon from more of an operational perspective.
Amazon: At a GlanceAmazon has more than 304 million users, and 3 billion products selling on their 11 marketplaces – and every day, 1.3 million new products are added. The company has a 43.5% market share of U.S. ecommerce spending. It’s no surprise then, that the average customer spends $700 per year with Amazon, and that 34.7 items are shipped every single
Why the Spotify IPO is Both Unusual and IntriguingThe Chart of the Week is a weekly Visual Capitalist feature on Fridays. On April 3, 2018, the music streaming service Spotify is expected to hit the public markets for the first time. However, while IPOs are usually large, hype-driven spectacles that involve investment bankers and roadshows to financial institutions, the Spotify IPO is taking quite a different route. For a variety of reasons, this will make the Spotify IPO both an unusual and intriguing event for investors. Here’s what’s interesting about the impending listing of the Sweden-based unicorn.
1. A Rare BreedDespite the tech IPO being a legendary exit strategy among startup founders and venture capitalists, the reality is that today tech IPOs are few and far between. By the same token, IPOs are also traditionally a way for investors to get a handle on market sentiment. With fewer
How Amazon Makes MoneyToday’s infographic comes to us from Sellbrite, and it dives into the company’s success, and how Amazon makes money: To the chagrin of many investors, Amazon has traditionally spent a lot to make a little. In 2016, for example, the company brought in $136 billion in net sales, but it spent $131.8 billion on operating
Why Tech Investors Love the SaaS Business ModelInvestors love businesses that have a reputation for minting cash. And as far as tech companies go, the Software as a Service (SaaS) model is as good as it gets. It provides predictable, quantifiable, and fast-growing revenue for any company that can execute correctly – and everyone from venture capitalists (like Marc Andreessen) to asset managers (like Blackrock) love investing in companies with these traits. Today’s infographic from TIMIA Capital explains why this is the case.
What is SaaS?Unlike in years past when software was bought in a physical form at a store, much of today’s software runs right off the cloud. This is made possible by ubiquitous broadband access and powerful computers – and SaaS allows users to consume software in a different way:
- Customers connect to the software online
- Customers are charged on an ongoing subscription basis for access
- Continue reading "Why Tech Investors Love the SaaS Model"
The Most Valuable Companies in America Over 100 YearsHow much does the business world shift in a century? Today’s visualization comes from HowMuch.net, and it uses Forbes data to show how the list of the top 10 companies in the U.S. has evolved over the last 100 years.
1917: The Industrialist EraIn 1911, both John D. Rockefeller’s Standard Oil and J.P. Morgan’s U.S. Steel (which was formed from Andrew Carnegie’s steel company and others) were facing antitrust action. Standard Oil, which controlled over 90% of all oil in the United States by 1900, got split up into 34 independent companies after a ruling by the Supreme Court. However, U.S. Steel, which controlled 67% of steel in the country, was able to weather the antitrust storm at the time. In the chart showing data for 1917, you can see that U.S. Steel
USV TEAM POSTS:Albert Wenger — October 23, 2017
Rebecca Kaden: New Partner at USV
the Numerai team has now gone a step further and issued a crypto-token called Numeraire to incent these data scientists to work together to build the best models instead of just competing with each otherAnd roughy four months later, I am happy to write that the Numeraire token is live on the Ethereum blockchain. You can read more about this here. Well done Numerai team.
USV TEAM POSTS:Albert Wenger — June 21, 2017
Uncertainty Wednesday: Random Variables Albert Wenger — June 20, 2017
MongoDB Stitch: A Fresh Take on Backend As A Service