Mobile is “hot” again. I have been meeting with a lot of entrepreneurs in the space. Very few are making money. The average paid mobile app earns only five dollars a month. Yesterday, I met with an entrepreneur who has an app in the top 20% in the App Store. He makes about $1200 a
Culture, Money and the Red Sox
The Red Sox are an interesting test case. Last year they were called the most talented team in baseball. Starting in September they imploded and now they’re barely winning half their games. How did this happen? Two managers later they still are not able to figure it out. The team is in a funk. I
A VC’s View on Charitable Giving
Edit: We now do this as a family unit. Our children can propose gifts, and the entire family must OK them. It’s been fun! I think it’s important to give. With Government slashing social programs, I think we should all consider giving more. So, I thought I’d try and explain what my wife and I
U2 @ Live Aid 1985
That summer, I was in high school. I was taking summer classes in Cambridge, MA. I was away from home for three months. It was a blast. It also was a summer of many firsts. Away from home, it was a great experience to be independent. Taking classes, working on the student newspaper, and meeting
Growing the Pie
I took our car to the dealer for some service. A shuttle driver for the dealer gave me a ride home so that I didn’t have to wait around. I chatted with him for a bit. He is one of eight children and is from El Salvador. His father left the family when he was
The Power of Music
I stumbled upon the video above while surfing the Internet last night. It is The Sundays’ cover version of “Wild Horses.” I played it, and it instantly took me back 20 years to a May afternoon. I was in my apartment, about to finish my job and readying to start business school. There are a