Startups

  • The Inflation-Adjusted Unicorn

    The Inflation-Adjusted Unicorn

    Aileen Lee coined the term “unicorn” in 2013 to describe billion-dollar startups. The name was chosen because unicorns are “extremely rare, and magical”. Despite that scarcity, unicorns must be herded up to deliver the returns expected from venture capital. Once explicitly defined, unicorns became much less rare, as Goodhart’s Law predicts (“When a measure becomes…

  • Do Not Call: Robodialer Retaliation Coming Soon?

    I despise robodialers and their political masters who exempt themselves from the popular Do Not Call legislation.  At one point in these pages I dreamed of retaliating in kind against those who wield them: Retaliate in kind – I could imagine a new service that lets you sic your own robodialer on the people who…

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