Ok, Elon Musk was right Robinhood has always had to thread the needle between a populous mission to upend the establishment ($0 trades for everyone!) and running a real business (enough revenue and growth to successfully take the company public). So what’s the answer? Unfortunately, it’s what Elon Musk was alluding to on Sunday night…
Category: Economics
In Times of Froth, Choose Your Venture Investors Wisely
History doesn’t repeat itself, but it certainly rhymes—or so the saying goes. For entrepreneurs, I believe 2021 and the years to come will rhyme with 2007. Froth Rhymes In 2007, I worked in leveraged finance at a top Wall Street investment bank. When I started my job, it was so busy that I could barely…
GovTech SaaS: Navigating Unfair Advantages and Perils
I love finding opportunities to invest in startups that have massive financial potential and also strengthen the financial fabric of society. GovTech SaaS is one such opportunity. In future articles, I’ll cover opportunities in other sectors. I believe GovTech SaaS businesses have unfair advantages that make them some of the most interesting and underrated opportunities…