The One Who Defines the Category Wins the Category – David Sacks with CRAFT Ventures

No objective is more important for SaaS founders than early category leadership. Over 75% of the market cap in a software category typically goes to the category leader. VCs know this, so funding disproportionately flows to startups that can lay claim to early category leadership. Perception often becomes reality, as the startup with the mostContinue reading “The One Who Defines the Category Wins the Category – David Sacks with CRAFT Ventures”

AngelList reports on seed stage, investors would increase their expected return by broadly indexing into every credible deal.

Startup Growth and Venture Returns: What We Found When We Analyzed Thousands of VC Deals Link to post > AngelList Conventional investing wisdom tells us that VCs should pass on most deals they see. But our research indicates otherwise: At the seed stage, investors would increase their expected return by broadly indexing into every credibleContinue reading “AngelList reports on seed stage, investors would increase their expected return by broadly indexing into every credible deal.”

The Future of Luxury Is Freedom

Beyond goods, services and experiences, freedom will become the ultimate signifier of status. Article link > https://www.businessoffashion.com TORONTO, Canada — In essence, luxury is about status, playing to that fundamentally human need to communicate who you are and how you fit into the social hierarchy. Through the ages and across cultures, status has been expressedContinue reading “The Future of Luxury Is Freedom”