All posts tagged “money

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Income-to-expense ratio

Professor Scott Galloway’s recent post called “The Algebra of Wealth” makes the argument that there are four key factors in the creation of wealth: focus, stoicism, time, and diversification. Some of you may argue with his points around diversification. I’ve heard Warren Buffet and Charlie… Read More

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How U.S. cities make money

The below figure shows the taxing authority of US cities by state. In some cases there’s a city or two with additional taxing authority. New York City, for instance, has been authorized by the state to levy property, sales, and income taxes, whereas other cities… Read More

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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”