27 Березня, 2013    ·    2 min read

What is surprising about this business to me is how high the take rate is. Most marketplace business take between 1 and 20%: eBay: 12% Airbnb: 13% Stubhub: 25% Etsy: … Continue reading “”

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Be a doer!

4 Березня, 2013   ·  < 1 min read

The Man in the Arena “It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could … Continue reading “”

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Make them dream!

1 Березня, 2013   ·  < 1 min read

“If you want to build a ship, don’t drum up people to collect wood and don’t assign them tasks and work, but rather teach them to long for the endless … Continue reading “”

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Great inspirational video by Michael Marantz

26 Лютого, 2013   ·  < 1 min read

The Future is Ours!

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Raising money from VCs is just like dating!

20 Лютого, 2013   ·  4 min read

The first two times I raised VC money, until success simplified things, it occurred to me how the process really mimics real world dating. Observing many other entrepreneurs similarly struggling … Continue reading “”

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Invictus by William Ernest Henley

25 Січня, 2013   ·  < 1 min read

Out of the night that covers me, Black as the Pit from pole to pole, I thank whatever gods may be For my unconquerable soul. In the fell clutch of … Continue reading “”

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The Road Not Taken by Robert Frost

24 Січня, 2013   ·  < 1 min read

Two roads diverged in a yellow wood, And sorry I could not travel both And be one traveler, long I stood And looked down one as far as I could … Continue reading “”

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Nice Churchill Quote

21 Січня, 2013   ·  < 1 min read

“In War: Resolution. In Defeat: Defiance. In Victory: Magnanimity. In Peace: Goodwill.” -Winston Churchill

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2012: A Transition to New Beginnings!

7 Січня, 2013   ·  4 min read

I spent most of 2012 barreling down the path I set in motion in early 2011 (Looking back at 2011, looking forward to 2012), before ultimately deciding to completely unravel … Continue reading “”

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Дуже велике зниження рейтингу

27 Грудня, 2012   ·  7 min read

Я вирішив радикально спростити собі життя і розділити свої витрати на проживання на 10! Я щойно повернув свій будинок у Бедфорді, квартиру в Нью-Йорку і продав свій McLaren. Я віддав … Продовжити читання “Дуже велике зниження рейтингу”

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Dear Santa…

24 Грудня, 2012   ·  < 1 min read

I have been an exceptionally good boy this year. As you may be struggling with ideas for what to get me tonight, I have come up with a short list … Continue reading “”

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First Round Capital's Holiday Video is Amazing!

19 Грудня, 2012   ·  < 1 min read

Their portfolio is not too bad either 🙂

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Чому я йду з OLX

17 Грудня, 2012   ·  14 min read

Я вирішив відмовитися від посади співзасновника OLX. Мій партнер Алек залишається на посаді генерального директора. Зважаючи на те, скільки свого життя і душі я вклав у цю компанію, а також … Продовжити читання “Чому я йду з OLX”

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Cloud Atlas is a beautiful ode to everlasting love!

16 Грудня, 2012   ·  2 min read

Clearview’s Mt Kisco cinema has a tradition of having one of their staff thank us for being there before the movie begins. This one felt compelled to tell us: “let … Continue reading “”

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Further evidence suggesting consumer Internet series A financings are more difficult to come by

26 Листопада, 2012   ·  < 1 min read

Fred Wilson just wrote an article, What Has Changed, in which he confirms the observation I made in a recent post (And then there were 100…) that Series A funding … Continue reading “”

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My IDCEE Keynote

9 Листопада, 2012   ·  < 1 min read

I attempt to share the lessons I learned operating and angel investing in emerging markets.

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