10/9/19 edit: VMware has acquired Carbon Black for $2.1 billion. So, we will increase the number of startups we will back. After Carbon Black went public, Mrs. T. and I had some discussions. What should we do with my personal winnings (I co-led the first institutional round when it was called Bit9; details here and
Angel Investment: Hyka Therapeutics
We’re happy to announce that our family angel program (back 80+ entrepreneurs over eight years and donate all gains to charity; details here) has invested in Hyka Therapeutics. It is our 23rd investment so far (portfolio here). The company builds infrastructure to make innovative mental health treatments available to all people. There’s a tremendous amount
Reunion 2022
I went to my 25th/27th business school reunion this weekend. It’s hard to describe how amazing it was to gather with friends and act like not much time has gone by. It’s trite but true: time goes by quickly, and reunions are life milestones. I’ve volunteered to help out with nearly all of my reunions,
My Second Story
I have this theory that people have two stories in their lives. They have their First Story: that’s what goes on the CV and LinkedIn profiles, and it’s the one we tell publicly. But each of us has a Second Story, one that we hide. We want to show the world the shiny and clean
Angel Investment: Metric
We’re happy to announce that our family angel program (back 80+ entrepreneurs over eight years and donate all gains to charity; details here) has invested in Metric. It is our 22nd investment so far (portfolio here). The company offers a platform to measure, benchmark, and improve ESG performance for private companies and investors. One of
Beta and What’s Next
In finance, there’s a fundamental concept called “beta.” It’s a measure of relative risk, specifically, how risky a security is vs. the rest of the market. A beta of 1.0 means that a security has the equivalent pricing volatility of the stock market as a whole. A beta greater than 1.0 means that it is
Some Great Non-Fiction Books, Part 2
I’ve been continuing my reading binge with books from our town library. It has been fun going through some of the best 2020 and 2021 non-fiction books, per the NYT, Amazon, word of mouth, and general searches. Here are some others that I’ve really enjoyed: A Short History of Progress. One of my students recommended