This week, Union Square Ventures, which describes itself as a “thesis-driven venture capital firm,” announced a new $162 million Climate Fund. The thesis for this fund is pretty simple. They want to invest in companies that either provide mitigation for or adaption to the climate… Read More
This is an interesting perspective. It is from Fred Wilson’s annual what-happened-this-past-year post: But here is the thing about speculative frenzies – they are generally directionally correct but off in their order of magnitude. And they finance the trend that they are directionally correct about.… Read More
I came across the above Twitter thread last night before bed and I thought it was great. It’s about the importance of thinking exponentially, as opposed to linearly, when it comes to finance and investing. In it, the author provides a quick rule of thumb… Read More
UBS and PwC’s recent report on billionaire wealth highlights some interesting trends about the global economy and global wealth. Billionaire wealth in mainland China is now second to only the United States, having grown by about 1146% from 2009 to 2020, compared to 170% in… Read More
The below press release went out this morning. It’s a good news story that shows the resiliency of grocery and food logistics. On a related note, Slate Retail REIT also recently announced that, as of April 14th, it had already collected 80% of April rents… Read More
I am sure many of you are getting tired of the news. I know I am. But it turns out that when you’re in a global pandemic and you spend the entirety of your day looking at Zoom — while fidgeting your leg, I might… Read More
When the financial crisis hit in 2008, I was living in the United States. At that time I remember developers and other people saying that it was going to take at least 20 years before the country would build another commercial office building. It felt… Read More
