Years ago I wrote about a book that venture capitalist Albert Wenger was writing — in public I would add — called The World After Capital. The public bit is interesting. As he was writing the book over the last ten years or so, he… Read More
All posts tagged “capital”
The re-allocation of capital (and predictions for this decade)
I have stayed at two hotels over the last month where I did not need to interact with a human as part of the check in process. And in one of those two instances I didn’t even need to interact with a computer at the… Read More
Doing stuff vs. owning stuff
“People get income for doing stuff, and they get income for owning stuff. Increasingly the latter. And the ownership share of income goes to a small slice of households that own almost all the stuff.” This is a quote from a recent article by Steve… Read More
Going swimming (and being transparent)
I woke up this morning to this view: I then went for a swim. The water tends to be on the cooler side in the Georgian Bay, but with the weather we’ve been having it’s pretty perfect right now. At this point I’m thinking about… Read More
Home prices and negative interest rates
This morning, I am looking at the following chart of average home prices in the Greater Toronto Area: It’s from this Globe and Mail article. These are staggering numbers. The average price of a detached home in the suburbs (905 area code) increased 21% year-over-year.… Read More
Architecture as a tool of capital
I just stumbled upon an interesting Architectural Review article from last year called: Architecture is now a tool of capital, complicit in a purpose antithetical to its social mission. The author is Reinier de Graaf, who is an architect and partner at the firm OMA. The focus… Read More
The world’s top 23 financial centres (after London and New York, of course)
The 2015 edition of The Global Financial Centres Index (GFCI) was just released last month. It is often used as one of the sources for ranking financial centres. The index – which is now in its 18th edition – is created using two main ingredients.… Read More
Why Revelstoke could become the next…
Mackenzie Avenue, Revelstoke by Ian Houghton on 500px Despite being rainy and unusually warm, I had a great time in Revelstoke, BC. I first heard about the city a few years ago when I told a close friend of mine (who is an avid snowboarder)… Read More
An important problem in a market economy, and the one the VC attempts to solve, occurs when an entrepreneur has a good idea, but no money, while investors have money, but no good ideas.
Steven N. Kaplan & and Josh Lerner. “It Ain’t Broke: The Past, Present, and Future of Venture Capital”