Recent Posts

  • Talking It Up: Launch Capital and Betaworks Voicecamp 2017

    “Alexa, turn on kitchen.” “Alexa, timer set 16 minutes.” It may seem like I’m talking to air, but I’m not; these are words I utter literally every day to my Amazon Echo in my kitchen. I’ve had my Echo since it first came out and I hopped onto its waitlist for purchase. When it first… Continue

  • Hiring an Investment Analyst

    UPDATE JAN 20, 2017: We have closed applications for the LaunchCapital Investment Analyst position and have begun reviewing applications. We received many qualified applicants and would like to thank you for the time each of you invested in learning about LaunchCapital. LaunchCapital (“LC”) is hiring an investment analyst to join our team in our New Haven office. The… Continue

  • Finding the Next Big Thing: The Pace of Sector Growth is Fast and Furious

    Back in 2011 when I first joined Launch Capital, we started a project to see if we could find untapped markets that would prove to be huge markets and produce huge wins but find them early enough so that we could get ahead of the wave and get our bet(s) in before everyone else figured… Continue

  • Qualities of an Awesome Investor

    Some of our team and I were having a chat about what does it take to be an awesome investor. When I first started investing back in 2006, I was arrogant enough to think that, being a veteran from Yahoo and having worked on so many web products, that I was good enough to invest… Continue

  • Early Stage Investing Take 2: CBInsights Updates Their Funnel and We Update Our Model

    Earlier this year, I wrote Angel Investing at Today’s Market Rates is a Losing Proposition where I presented a model for angel investing and showed that essentially index investing into the early stage set of startups at a market rate of about $6M pre-money put you at a loss after 5-6 years of about 22.6%…. Continue

  • How to Ace Your Entrepreneur Class

    Last Thursday I had the pleasure of dropping in on the Designer Entrepreneur class over at CCA. My longtime friend and colleague Christina Wodtke invited me to talk a bit about startup investing and help critique some of their recent pitch work. As I watched the pitches and listened to the students present, I thought… Continue

  • Early Stage Marketplace Investing

    One of our Launch Capital staff, Ed Coady, pinged me the other day regarding marketplaces and asked me how does one find the next big marketplace startup at the seed stage. We both remarked that there are a ton of posts on marketplaces and what makes them successful – BUT they are all written as… Continue

  • Angel Investing at Today’s Market Rates is a Losing Proposition

    A few weeks back, I wrote a post entitled The Tweetstorm that Spawned the 10,000X Startup where Dave McClure of 500startups lamented about the state of early stage, that valuations were way too high, and that early stage investors will lose money. But, really, how risky is seed investing in today’s world? Are we paying… Continue

  • The Tweetstorm that Spawned the 10,000X Startup

    This interesting tweetstorm by Dave McClure caught my eye. It was regarding entrepreneurs not wanting to accept a 2x return clause on notes and the high valuation caps on those notes that are running around the Silicon Valley right now. Then at the end Sam Altman of Ycombinator jumps into the fray, who replied: .@davemcclure… Continue

  • The Customer Adoption Problem for Health Startups

    We can all agree that for today’s internet startups, customer acquisition is one of the biggest issues they face. The world is so crowded with apps, things to do, things to grab your attention and waste time – it’s one of the hardest problems to solve to break through the noise and get someone to… Continue