The other day, I saw an advertisement for an on-demand dog walking service. Not to offend the founders, investors, or fans of Rover the on-demand dog walking service, but the idea seemed preposterous to me. Does this count as innovation? Is Rover actually a technology startup? Do people realize that tacking an "on-demand" onto the … Continue reading Is Your Startup Idea Good, Bad, or Ugly?
Statistically speaking, you have approximately the same odds of playing professional baseball as you do of becoming a venture capitalist. You hear the names of venture capital elite mentioned alongside the likes of Uber, Twitter, Snap Inc., Google, and almost every other disruptive tech company of the last twenty-five years. But what do venture capitalists actually do? … Continue reading A Venture Capitalist’s Most Valuable Asset
We interact with the world through screens. The reality of this idea is so commonplace that we don’t usually think in these terms. When we think of messaging, FaceTime, emails, group chats, Twitter, Facebook, and this blog post, we think of the content exchanged through those applications. But stop, and take a second to look … Continue reading The Death of the Screen and “the Next iPhone”
What is computer vision? The British Machine Vision Association defines computer vision as "the automatic extraction, analysis, and understanding of useful information from a single image or a sequence of images" and "involves the development of a theoretical and algorithmic basis to achieve automatic visual understanding." Although this sounds (and is) incredibly complex, it's something … Continue reading Computer Vision Gets a Lot of Hype, but are We Still Underestimating It?
Paul Graham, co-founder of Y Combinator, says that in order to come up with successful startup ideas you need to "live in the future and build what seems interesting." He notes that successful founders usually operate on the fringe of what is believed to be possible, and then fill in gaps when they notice something … Continue reading Will We Pay for High-Quality Information?
Note: writing in hindsight sure makes things easier It's been almost three weeks since the announcement that Walmart will acquire Jet.com. The news came as a surprise to many, and turned Jet.com from a target of skeptical condescension into a classic case study. Some still doubt that a Walmart-Jet tag-team will be able to challenge … Continue reading Three Things We Can Learn from Walmart’s $3.3 Billion Acquisition of Jet.com