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A Free Call Option on the American Economy

By Glenn Kelman CEO Glenn Kelman Glenn Kelman VC | 7 Comments

This is an essay arguing that some of the same forces driving Wall Street have affected Sand Hill Road, so that entrepreneurs try to make money without worrying about losing it. From the backseat’s darkness, the hedge fund manager wasn’t talking to anyone in particular, and didn’t seem to notice no one could understand much… Read More

Fred Wilson, Failure, Success, Blogging, Negative Capability

By Glenn Kelman CEO Glenn Kelman VC | Comment

Everyone has been forwarding around Union Square Ventures partner Fred Wilson’s posts about how often and why his investments have failed. They are remarkable for their candor, for their argument that success depends on being able to change course quickly, and for Fred’s low failure rate (20%). It made me wonder if the characteristics that… Read More

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