Topics & People

A professor and public speaker known for coining the term 'loneliness epidemic' to describe the growing social isolation in modern society.

Photo-sharing app acquired by Meta for what was initially seen as a shockingly high price.

An early internet pioneer used as an example of a business that rapidly lost its protective moat.

Audio streaming platform cited as an example of successful consumer subscription models.

A travel and hospitality company whose recent warning on weakening consumer demand is cited as evidence that the US economy is slowing down and potentially entering a recession.

A global investment firm that provides data and consulting services, particularly known for its benchmarks tracking the performance of private market asset classes like venture capital.

An investment strategy advocating for holding onto high-performing assets rather than selling them prematurely, allowing them to continue compounding in value. This is seen as a key principle for success in both venture and public markets.

A mechanism in private equity and venture capital where a fund sells its assets to a newly created fund, effectively resetting the investment clock without a traditional exit.

Distributions to Paid-In Capital, the true metric for VC returns.

The typical return profile of a private equity or venture capital fund, where it experiences negative returns in the early years due to management fees and underperforming investments, followed by a sharp increase in returns as successful investments mature.

The dynamic in venture investing where a tiny percentage of companies generate the vast majority of returns.

Financial markets where securities are traded publicly, which have recently offered strong returns, challenging the traditional premium expected from illiquid venture capital investments.