Start Up Blog

DECEMBER 29, 2019

What happened: Google leaves China + Uber launches in App Store. Why it mattered: Google leaving China was the start of a New Cold War. China pushed hard to create clones of Western online services and even made better ones – see WeChat. I liken it to the dot-com bubble of 1999.

Technical Review 105

Technical Review China IPO Vesting 105

Both Sides of the Table

AUGUST 30, 2010

While not 1999 all over again but I am observing first-hand the signs of funding frenzy. High unemployment, wage stagnation, lowering real estate prices and the lowering of demand for products may lead to deflation (where prices of goods & services decrease each month – i.e. the opposite of inflation).

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

Both Sides of the Table

SEPTEMBER 17, 2017

I believe the massive valuation increases in cryptocurrencies we’ve witnessed of late are not based on any fundamentals other than speculation and a drive for a quick profit by many who have gained from the market hype. China has already made moves to massively curtain Bitcoin activities so that should be a clue of what is to come.

Government 280

Government Distribution Stock United States 280

Both Sides of the Table

SEPTEMBER 27, 2015

Not the successful companies themselves but the entire b t culture of swash-buckling startups who define themselves by hitting some magical $1 billion valuation number and the financiers who back them irrespective of metrics that justify it. I met a wealthy investor from China. ” I can’t make this stuff up.

Detroit 150

Detroit Government Syndicate Syndication 150