I hear that Twitter and Square CEO Jack Dorsey is so chill about leadership that he doesn’t make decisions, engage in any sort of conflict or do much of anything, really. Apparently he just sits there, watches, listens, ponders, and occasionally belches out a riddle like a talking fortune cookie,[…] Read On
According to CNBC, we should all be bummed that Silicon Valley DJs, comedians, acrobats and event planners are losing gigs due to coronavirus. Here’s what I’m thinking. The Valley has been flush with cash for this ridiculously long bull market run and unprecedented private equity boom. Or bubble. You say[…] Read On
It goes without saying that technology has been an enormous boon to society. But for the past decade or so Silicon Valley’s unicorn culture has spawned a massively overhyped and stubbornly persistent private equity bubble. I doubt that’s news to any of you. But even though the public markets are[…] Read On
A good chunk of my property is landscaped with Ceanothus – a creeping shrub with pretty blue flowers that grows about 3-feet high. Unlike typical shrubs, our species of Ceanothus spreads aggressively across the landscape, creating a large and relatively dense canopy for a hidden world of creatures living beneath[…] Read On
And everyone wonders why I’m nervous about self-driving cars. An app that was never tested at scale and nobody was taught to use failed spectacularly. Panic-stricken party officials running around with their hair on fire as phone lines are flooded with calls from reporting precincts. Candidates declaring victory with no[…] Read On
I’m struggling to wrap my head around Nasdaq 9,300 – nearly twice the dot-com bubble peak – Apple’s $1.4 trillion market cap, and the notion that the combined value of five west coast companies is higher than the GDP of every country in the world but the U.S. and China.[…] Read On
I’ve resisted watching HBO’s Silicon Valley for years. Another cynic’s view of what Silly Valley has become in the latest bubble seemed too depressing to watch. And make no mistake, we are in a bubble. Not just private equity — ideology too. Having gone through the dot-com bubble, way too[…] Read On