ttunguz

9 ms·

31.
1/9/90 in Crypto(tomtunguz.com)
1 points by ttunguz 5y ago|0 comments
32.
by ttunguz 5y ago
OP here: in these notes are processes for 2 multi-billion dollar sales and most of the points applied to those as well.
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by ttunguz 5y ago
sorry, fixed now.
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Lessons Learned after $5B of M&A(tomtunguz.com)
217 points by ttunguz 5y ago|72 comments
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by ttunguz 5y ago
Benjamin Graham is the best
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by ttunguz 5y ago
Yes, it's a portion of the stock market that's going down a lot. The money is going from technology companies into other companies like healthcare and energy companies. So while the overall market may not be down that much, the te
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by ttunguz 5y ago
I agree. It's not there. In fact, we've seen something like five of these corrections in the last 10 years. https://www.tomtunguz.com/five-corrections-saas/
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by ttunguz 5y ago
No doubt he built a sensational business focused on cash flows. A lot of the software companies generate significant cash flows because they start to collect multi-year upfront payments for their software. Some of them call them remaining p
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by ttunguz 5y ago
I'm hopeful that the capital markets will incentivize entrepreneurs to fix this problem much more quickly than most people anticipate
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by ttunguz 5y ago
There's a really good article on this from Lynn Alden that I will paste here that talks about how this dynamic actually implies that the US is selling its long-term capital assets in favor of short-term capital goods that depreciate, s
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by ttunguz 5y ago
I could see that. There's been a transformation in top 10 companies in the last 20 years. They used to be consumer packaged goods and energy companies, and now they are technology companies. Speaking of somebody who's very much pr
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by ttunguz 5y ago
I ran a regression of the CPI / inflation rate and its impact on the venture capital ecosystem both in terms of median round size and also total dollars invested and it's very highly correlated at north of 0.7
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by ttunguz 5y ago
It's a fair point. I didn't go back that far in the data set. I think the one major difference between the last 10 years and the.com era was the lack of viable business models in that time. I think the crypto ecosystem looks more
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by ttunguz 5y ago
The US stock market represents something like 60% of all stock market value, but the US GDP is only 25% of all global GDP. If you are long to stock market, you have to believe that this kind of disproportionate behavior continues because th
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by ttunguz 5y ago
15 years ago they were priced at 5x and it's gone up to 15x then up to 55x then to 80x and now back down!
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by ttunguz 5y ago
there's been a rotation out of technology because of the prospect of interest rates going up. because most technology companies don't generate earnings (profits) for many years, and because many investors use DCF (discounted cash
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by ttunguz 5y ago
I'm the author. Most public investors look at these companies on a forward revenue multiple because the vast majority of these companies don't generate positive earnings.
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Crypto Companies Insider Ownership Is Approaching That of Classic Startups(tomtunguz.com)
2 points by ttunguz 5y ago|0 comments
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Never Raising, Always Raising(tomtunguz.com)
1 points by ttunguz 5y ago|0 comments
50.
by ttunguz 6y ago
There's a software solution to this: https://reincubate.com/camo/ Use an old phone for your webcam. The quality is terrific, up to 4k. You just need a phone stand.
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The Parallels in the Culture Between the Two Category Defining Companies(tomtunguz.com)
1 points by ttunguz 6y ago|0 comments
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Where Are Most Unicorns Headquartered?(tomtunguz.com)
1 points by ttunguz 6y ago|0 comments
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Is Silicon Valley Still the Best Place to Start a Company? • Tomasz Tunguz(tomtunguz.com)
11 points by ttunguz 6y ago|8 comments
54.
Data Trends to Watch in 2020(medium.com)
1 points by ttunguz 6y ago|1 comments
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What the Venture Market Could Look Like in the Coronavirus Era(tomtunguz.com)
1 points by ttunguz 7y ago|0 comments
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DevOps Trends to Watch in 2020(medium.com)
4 points by ttunguz 7y ago|0 comments
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by ttunguz 7y ago
Thanks for the feedback. What data would help with the argument?
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Implications of Monoclouds for As-A-Service Startups(tomtunguz.com)
28 points by ttunguz 10y ago|5 comments
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Implications of Monoclouds for As-A-Service Startups(tomtunguz.com)
2 points by ttunguz 10y ago|0 comments
60.
Optimizely and the Dunning-Kruger Effect(medium.com)
2 points by ttunguz 11y ago|0 comments

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