The Cashless Exercise
Sorry for the inside baseball title, this post is not about net exercising options or warrants. It is about an exercise I've been going through since the beginning of the year. I've always walked around with hardly any money on me. It drives the Gotham Gal nuts, but it's who I am. I don't like carrying cash and never have. But the past few months, I've been walking around with no cash, not a dime.
Lightweight Advocacy
I was at a board meeting of a non profit this week and the talk turned to "advocacy" and whether or not the non profit should be doing any of that. I had to ask what the definition of advocacy was just to be clear what we were talking about. It's not something I've traditionally been involved in. When I think of advocacy, I think of politics, lobbying, public relations, and a bunch of other "heavy
How To Calculate A Return On Investment
Jan 25, 2010 How To Calculate A Return On Investment The Gotham Gal and I make a fair number of non-tech angel investments. Things like media, food products, restaurants, music, local real estate, local businesses. In these investments we are usually backing an entrepreneur we've gotten to know who delivers products to the market that we use and love. The Gotham Gal runs this part of our investmen
The Google Phone
In mid December as holiday gifts and cards were arriving daily in our office, I received a gift from Google. It was a Nexus One. I have been using it since that day as my primary phone. In the box was a note from Google asking me to keep quiet about the phone until Jan 5th. Well today is Jan 5th and so I can tell you what I think. So here goes This is not going to be a hard core review of the phon
Open APIs and Open Standards
As Dave Winer has been pointing out in recent weeks, there is something quite interesting happening in the blogging/microblogging world. First WordPress allowed posting and reading wordpress blogs via the Twitter API. Then yesterday our portfolio company Tumblr did the same. John Borthwick has been advising companies for a while now to build APIs that mimic the Twitter API. His reasoning is that i
Why Social Beats Search
That's a controversial post headline and I don't mean that social will always beat search, but there's a rising chorus out there about "content farms" and search optimized content creation that is worth touching on. Arrington started it when he posted about "the end of hand crafted content". Richard MacManus penned a similar post the same day called "Content Farms: Why Media, Blogs, and Google sho
Social Recruiting
I'm giving the keynote talk at the Social Recruiting Summit in NYC on Monday. I've been working on my presentation over the past few days and some themes are worth talking about. 1) Since we started Union Square Ventures in 2003/2004, we have only been involved with one retained search. Our portfolio companies have certainly used search firms, but our use of them has been extremely rare. We prefer
Comment Length
I read an interesting post this morning (via Hacker News) that suggests the longer the comment, the higher quality it is. The conclusion of the post (which is worth reading in its entirety) is: there seems to be a clear correlation between comment quality and comment length. At least on websites with an audience that is not actively malevolent, longer comments seem to be better The author of the p
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