Disqus - Latest Comments for jeremystein

Re: Social MD…The Business

jeremystein — Wed, 11 Nov 2009 12:46:36 -0000

Yes. But they aren't mutually exclusive.

Re: Social MD…The Business

howardlindzon — Wed, 11 Nov 2009 11:57:58 -0000

both pay the bills on this one.

do you like the idea in genera herr shhhhteeein

Re: Social MD…The Business

jeremystein — Wed, 11 Nov 2009 11:57:05 -0000

i think you need to focus less on how to use and more on why you should use. learning is second to the value proposition.

Re: Information security – are we experiencing a Pax Romana?

jeremystein — Mon, 09 Nov 2009 11:49:31 -0000

I meant to disclose above that I am biased because I am working on something
in this area.

I have experienced this first hand. There was a long period of time at
stocktwits where I was dedicated 50% of my day to spam.

Re: Information security – are we experiencing a Pax Romana?

twitter-2529971 — Mon, 09 Nov 2009 10:40:14 -0000

That's a good point. I've heard similar things from social media sites.

Re: Information security – are we experiencing a Pax Romana?

jeremystein — Mon, 09 Nov 2009 09:26:13 -0000

from what i can see, the threat has shifted from consumers to companies. every social media company deals with spam, abusive behavior, chargebacks, etc, on a daily basis. many of this does not trickle down to the user. imho, there is a larger opportunity to build moderation infrastructure to help companies deal with the human problem.

Re: LeBron won't leave MSG... He's the mayor here! 100% he's a knick next year. 100%. Sorry cleveland!

jeremystein — Sat, 07 Nov 2009 12:41:44 -0000

its posts like these that make me wish tumblr had a dislike button.

hes staying in cleveland.

Re: Why 99% of the Analogies Between Business and Poker are Wrong

jeremystein — Wed, 04 Nov 2009 15:28:40 -0000

i think there are a lot of similarities between poker and trading but i think your generalizations of competitiveness are far too broad.

you are right about zero sum games. that is definitely a difference. however, its not my intention to point out the differences. i can do that all day. i am focused more on the analogies and why they are wrong.

Re: Why 99% of the Analogies Between Business and Poker are Wrong

ryangraves — Wed, 04 Nov 2009 13:55:55 -0000

Bold, I like it.

Re: Why 99% of the Analogies Between Business and Poker are Wrong

jeremystein — Wed, 04 Nov 2009 13:50:24 -0000

Even though he is an avid poker player, I've got about 3 million hands on
him. This is an open invite for anyone wanting to take a shot. I think I can
disprove just about any analogy.

Re: Do DVR users watch ads ?

ryangraves — Tue, 03 Nov 2009 14:07:27 -0000

Great catch.

Re: Do DVR users watch ads ?

jeremystein — Tue, 03 Nov 2009 12:21:06 -0000

>>In the story, Nielsen says that 46% of DVR owners watch commercials during playback.

that is so misleading. it should read 46% of DVR owners had commercials shown during playback.

people sometimes forget, leave the room, etc... i doubt theyre actually watching. right now its too difficult to measure engagement.

Re: Thematic vs Thesis Driven Investing

jeremystein — Mon, 02 Nov 2009 23:43:00 -0000

I agree-- I'm just speculating. I imagine there has to be a fairly strong
correlation with the asset class. At the end of the day, if you can't create
a good deal flow, your returns will be sub par no matter what strategy you
have.

Re: Thematic vs Thesis Driven Investing

fredwilson — Mon, 02 Nov 2009 23:29:37 -0000

I've never seen data on this. I'm not even sure its possible to compile it since firms don't talk about themselves in this way very often

Re: Thematic vs Thesis Driven Investing

ryangraves — Mon, 02 Nov 2009 20:52:08 -0000

Ahhhh. I follow you now.
Agreed a VC firm could definitely move up...or down.

Re: Thematic vs Thesis Driven Investing

jeremystein — Mon, 02 Nov 2009 20:23:50 -0000

I don't think you understand the point I am making.

I am talking about venture capital as an asset class.

I am sure that there are many excellent second tier firms. They still don't
have the highest statistical expectancy (it is possible that over time they
are able to move into the top tier).

Re: Thematic vs Thesis Driven Investing

ryangraves — Mon, 02 Nov 2009 20:14:46 -0000

Makes sense. I feel like so much of the advice out their on the blogosphere,
especially amongst startups oriented blogs, should be split up in two
categories.

1) dealing with good VC's (USV, Spark, First Round, et al. -- who's goal is
to help the entrepreneur)
&
2) dealing with shit VC's (the one's who try to rape the entrepreneur)

To your point, the VC's in cat. #1 are going to have better returns.

Re: Thematic vs Thesis Driven Investing

jeremystein — Mon, 02 Nov 2009 17:47:38 -0000

the top funds, regardless of investment style have a higher statistical expectancy for a number of reasons. leveraging past successes can help increase unsolicited deal flow (the best deals chase the best funds) and even lower the price of deals which will boost returns. a top tier theme based fund will have a higher long run statistical expectancy than a second or third tier thesis based fund.

Re: Thematic vs Thesis Driven Investing

ryangraves — Mon, 02 Nov 2009 17:08:42 -0000

When you say capital asset class I thought you were talking about funds with $1b vs. funds with $300m-$500m, but then your comment made it sounds like the classes were reputation based.

Regarding asset classes, I would think there'd be large return differentiation from small and large funds, along those lines I'd guess that smaller funds are pulling larger (%) returns with this VC market.

Re: Thematic vs Thesis Driven Investing

jeremystein — Mon, 02 Nov 2009 09:56:40 -0000

i think you are leaving out an important discussion point-- the venture capital asset class.

how do the returns differ between a top thematic based fund and a top theme based fund? although i am a thesis based investor myself, when it comes to vc, i would argue that a top theme based fund has a much higher statistical expectancy than a second tier thesis based fund.

id like to think that even theme based funds have some sort of thesis within each theme. as an lp, i would be pretty nervous if i was invested in a fund that "just runs around filling the themes with deals without much thought to why and how they will work"

Re: Feedback from Venues on Foursquare

ryangraves — Fri, 30 Oct 2009 14:37:29 -0000

I'll agree with the hybrid model there usually does need to be some
controlled curation. Wikipedia does.

Re: Feedback from Venues on Foursquare

jeremystein — Tue, 27 Oct 2009 10:14:15 -0000

im biased because im working on a project in this area but:

>>As in, the experience was an 8/10. Foursquare could begin to have a ranking system for all of the >>experiences their ‘players’ have.This could be fun for the game players for comparing experiences with >>friends and getting really solid ranking of venues

this works well but not at scale.... ratings tend to average out and you will be left with a lot of 3-4 star venues.

>>Just like Wikipedia is successful solely because of the millions of people that edit content for free, >>Foursquare will be successful by using their community to curate it’s collected venue data.

again, im biased. after experiencing the human problem first hand, i think a hybrid model is best.

Re: The Founders Relationship: And the effect of a startup

ryangraves — Mon, 26 Oct 2009 15:59:47 -0000

Definitely would agree with you.

Re: The Founders Relationship: And the effect of a startup

jeremystein — Mon, 26 Oct 2009 15:30:00 -0000

I think you would have had a different experience had you worked in
parallel-- multiple projects and then focusing on one once something sees
traction. Not only would that help the emotional variance, but it increases
your expected value.

Re: The Founders Relationship: And the effect of a startup

jeremystein — Mon, 26 Oct 2009 15:29:41 -0000