November 2015

Posted on November 25, 2015 by

Fidelity Did Not Make A Snap Judgement.

In mid-November, we learned that Fidelity marked down the value of its Snapchat investment by 25%, which instantly reignited the tech bubble conversation. We may be in a bubble, but this event is not an indicator. What this mark down does reveal is a shift in investment strategy for large investment funds. “Fidelity lowered the Read More

Posted on November 23, 2015 by

On-Demand — The New Daily Deal.


I received this email today from Handy, an on-demand booking service for home cleaning: We have entered into the new deal economy. Deeply discounted service offerings that are now delivered on demand instead of to your inbox. But daily deals — in their original form — failed. It started five years ago with Groupon. Subsequently thousands of clones emerged. Read More