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
Gratitude 2021
Like everyone else, I’m not sure when and if we’ll beat the virus. My guess is that we’re going to be living with it for some time as it continues to mutate and evolve. When it first broke out, I told Eric that I thought it would take up to five years while we as
Harvard Business School VCPE 2021
Yesterday was one of the longest days of my life. But, it was all worth it. Yesterday was the last day of class for the course I teach on Venture Capital & Private Equity at Harvard Business School (details here). It’s a custom that instructors on “the last day” can offer life advice to their
Food Friday: The Don’s BBQ
Run, don’t walk, to The Don’s BBQ. It’s a new restaurant in Watertown, MA, conveniently located to both the city and the suburbs. For many years, Sebastian DiFelice offered his succulent food at local events and pop-ups. I’ve been a fan for a long time (prior posts here and here) of his Texas-style smoked beef,
Angel Investment: Sauce Pricing
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 Sauce Pricing. It is our 20th investment so far (portfolio here). The company uses AI to improve deliveries for restaurants. One of my former students, Kevin D. Johnson, introduced
August and That HBS Way
August for me used to be a time for relaxation and languidness. In VC, when a percentage of the partners are out on summer holidays, it just naturally slowed down the investment pace. Do you really want to make a new investment without all of your partners buying into it? As a young family, we
Still and Chill
It’s been a busy summer, and most of it has been self-inflicted. I’m writing six cases for my HBS class when I probably should have attempted one or two. But I’ve learned this about myself: I am happiest when I’m very busy. I think the curveball was a family funeral that was surprisingly uplifting. But