Data and Defensibility

Making Markets in Time

Ahead of the (Yield) Curve

How To Price A Data Asset

Strong Opinions, Weakly Held: Or, decision-making under incomplete information.

The Worst Outcome is a Mediocre Success: Or, how to ensure you learn absolutely nothing.

Data in the Age of AI: We live in interesting times.

The Perils of Prudence: Sometimes, being prudent is the riskiest strategy of all.

Minsky Moments in Venture Capital: Markets rise, and markets fall. This much, at least, is well-known. But why do market cycles occur? What causes the pendulum to swing from euphoria to crisis and back? Hyman Minsky was a 20th-century economist whose ‘financial instability hypothesis’ is probably the best-known explanation for the boom and bust cycles that characterize public financial markets. But there’s far less examination — in fact, there's almost none — of how Minsky dynamics apply to

The Economics of Data Businesses: How data businesses start, and how they keep going, and growing, and growing.

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