Leadership · Self-Revelation · venture capital

Content Diet

Your time is extremely valuable. What you choose to read is even more valuable. On my end, I find subscribing to newsletters beneficial to my content diet. I often go for three types of content:

  1. Content that helps you/your company operate better.
  2. Content that helps you understand what others in your industry and sector are thinking.
  3. Content that helps you think more existentially.

Here’s a list of the top 20 newsletters I subscribe to…Its a mix of vc, startup, and randomness. They all do a bit of all three.

  1. CB Insights is a company which leverages data to make sense of private markets. Its like buzzfeed for venture capital/ private equity. I’ve been rocking with them since day one. They have an awesome platform and a great newsletter.
  2. Mattermark is another data company which helps vc/private equity types capture data on the private markets. They have great newsletter content that brings unique editoral perspectives from investors, operators, and policy wonks.
  3. Pitchbook is another data company for private markets. It’s like the Bently of data companies for private markets. They’ve improved their newsletter over time but Pitchbook has always had the most technical perspective on private markets out of the data companies I’m familar with.
  4. First Round Capital, to me, has the best editorial team in the venture capital industry. They bring experts, operators, investors, and other stakeholders to the table and create super informative content for founders. I’ve learned so much from their long posts.
  5. Monday Morning Macro (Y Combinator) Good round up of information on whats going on in YC land and how they are thinking. The venture capital space is like sheep leading sheep and firms Like YC are the lead sheep so its nice to see the things they are pointing out and working on.
  6. StrictlyVC is a newsletters which has its pulse on all things funding and tech. I don’t know why this is on the list.
  7. Tomasz Tunguz is probably one of the brightest VCs in the game. He has great posts about fundraising, growing saas businesses like they are plants waiting to be harvested, and great data insights. He’s brilliant.
  8. Andreesen Horrowitz newsletter has a frontier perspective on industry and emerging technology. Ben and Marc also have interesting blog posts every once in a while with great podcasts. They could do a better job on being consistent but I believe they are busy raising money, closing deals, and supporting thier portfolio companies.
  9. Bothsides of the Table is cool because Mark Suster is an investor and founder so he brings a really interesting perspective on operational experiences but then how to communicate with investors and what he looks for.
  10. Hunter Walk’s 99% Humble, 1% Brag is a blog/newsletter focused on Hunter’s Homebrew Fund. He brings a unique perspective to a ton of things including investment, diversity, his portfolio companies. Hunter is really approachable too. Reach out to him and he’ll most likely respond back.
  11. The Plug is the “difinitive” daily newsletter highlighting the voices of black founders and business leaders in tech news from around the web. One of the few indeed. Also a really good channel to get information out.
  12. Iafrikan Newsletter is one of the still standing technology, investment, and entrepreneur news content in Africa. The are a little spotty with their newsletter but it seems they have great content on their website.
  13. Results Junkies is kept by Paul Singh. We was the MD of 1776, Founder at Disruption Corporation, and was a partner at 500 Startups. He has quick and dirty knowledge nuggets in his newsletters and has a great program where he travels the United States and works on entrepreneurship ecosystems and invests. I definitely would like to do something like this in Africa. Little known fact…. Paul is African. He was born in Kenya.
  14. Term Sheet is more for growth stage deals but is very helpful to know whats getting captial when you’re looking for it.
  15. 500 startups Distrosnack delivers a bite sized blitz scaling guide into your mailbox on a weekly basis. Super helpful
  16. Growthhackers Weekly provides a great curation of top posts from the Growthhackers website. Imagine the thoughts and posts of top “growth hackers” in one newsletter. It’s a treasure trove of tips and resources.
  17. Community.is Great Newsletter about building community. You won’t regret joinging this newsletter list. A lot of product, marketing and great community driven content.
  18. Stratechery I don’t pay for much but when I do, I pay for Stratechery daily updates from Ben Thompson. Let’s just put it this way….. Ben is fully supported and well paid by his subcription model. He’s gotten some of the best minds in the world listening and looking for what he’s got to say on a daily basis.
  19. Farnam Street I might have saved the best for second to last. I’ve gotten a majority of by book reccomendations, big picture questions, and list of people to take out to cofee. This post helps on the existential front.
  20. tiphub newsletter ? We’re re-vamping our newsletter. If you haven’t noticed, this list lacks the African/ African diaspora investor/ operator perspective. We think we can be the smart/nerdy yet cool analysis stakeholders need to be great. Let us know what you think . Like seriously, reach out to one of the partners and let us know what you’d like to see.

You are what you read…. This is what comes to my mailbox most of the time. I’d love to hear other newsletters I should sign up for.

business · Kanye West · Leadership · Politics · Uncategorized

How the FBI Hacked Into the Iphone

This took a lot to post, but I’m not afraid anymore.

For a long time, our government has tried to stay ahead of us. What we’ve seen in reality is the people always catch up.

A couple of my colleagues and I have taken the last couple of weeks to identify the vulnerability the FBI is using to hack the Iphone.

We made a video about it here. We believe it should be shared with the world.

Cheers.

History · Leadership · Random · Self-Revelation

Disrupting History

***Writer’s Note: 🙂 I literally was finished with this essay (2500+ words) and decided to delete it. Hopefully this will be a more concise and focused attempt.

For a majority of human history, we relied on oral delivery to bring the events of our past to life. We’d sit around a campfire and listen to stories of our forefathers adventures, unstoppable monsters, and through those stories, we’d understand a little bit more about where we came from and where we were going.

Fast forward to the present. We have so many mediums and the ability to capture history is just a click away. History went from a singular narrative to a multi layered complexity that will require a new set of research skills to truly get the big picture. Imagine your neighborhood historian developing a machine learning algorithm to sort through a bunch of tweets to use as primary documents for an event? How about developing a program that sorts through pictures on Facebook to evaluate sentiment of an event? The future historian aggregates all experiences and perspectives and tries to draw inferences. Some would say very similar to current historians. Yea sure, but the pools of information are digitally structured and maintained. There’s a whole new set of skill required to analyze that amount of information.

For the common historian ( the rest of us), we have to prepare ourselves to understand historical events have multiple narratives and view points. We should look to past events and understand there’s more to the story, they just couldn’t capture it. There’s a little boys perspective on his dad going to die in the 100 years war. There were women who had a lot to say about their husbands and sons being taken on the coast of West Africa. When we digest history, our first question should be, “whose perspective are we missing?” We should understand that history is exactly that… His story.

I hope by having a more integrated and inclusive understanding of what and who history affects, we can make sure as many people’s narratives are captured as possible. Ultimately, we’ll create a better picture of how history affected people involved, and how we can all learn to be better or different in the future.

 

 

 

Leadership · Self-Revelation · Why?

Beta and Super Friends

I started investing in the US stock market my second year of business school. I thought it was just part what you do in business school; drink coffee, read Financial Times and invest in stocks. I thought I’d try to apply what I learned in class to pay back some of those student loans a little quicker. Bad idea but that isn’t the point.

In order to improve your chances of a decent return when you invest in securities like stocks, there are certain technical analysis ratios that you’re supposed to use evaluate and predict returns. Beta is one of those magical ratios.

Beta ratio gauges the volatility of a security by comparing it to the performance of a related benchmark over a period of time. To keep it simple, investors use beta to see how downside capture they can expect from an investment.

From Investopedia

The baseline number for alpha is zero (investment performed exactly to market expectations), but the baseline number for beta is one. A beta of one is an indication that the security’s price moves exactly as the market moves. If the beta is less than one, the security experiences less severe price swings than the market. Conversely, a beta above one means that the security’s price has been more volatile than the market as a whole.

While a positive alpha is always more desirable than a negative one, evaluating beta is not so black and white. Many investors – being risk-averse – prefer to have a lower beta; however, some investors are willing to target a higher beta, hoping to capture higher returns and cash in on the higher volatility.

Most of these ratios are historically leaning. They use information from past to predict future results. It’s difficult and next to impossible to find a magical ratio that can give you vision into future performance.

Well this is true most of the time. The best investors will tell you to take a long term approach in building value. However, The upside in the public market will never match the multiples on an investment when the company is private. It’s way more risky, but at the end of the day, you get in on the ground floor and are compensated come IPO. (most of the time)

I’ve found investing in relationships to be very similar to investing in companies. There’s a ton of information out on how to do them, products and services around improving both processes, and risk with both investments. And the secret to success in both is pretty similar as well.

Creating a group of friends, associates, or colleagues that are super successful doesn’t happen overnight. Actually, its pretty close to impossible to create this type of super network without putting in a lot of work early on. Yes, the secret to it all is meeting people before they are successful and supporting them on their pathway to success. It starts with some self reflection.What value to you bring to the table? What is your unique advantage?  Understanding your strengths will help evaluate what your value add is to other people’s quest to success.

Second, you’ll need a good understanding of what potential for success looks like early on in the journey. Have you met someone that has more hustle than anyone you’ve ever met? Do you know someone that seems to have the Midas touch? People give hints of greatness and are just waiting for people to believe and support them.

Lastly, give. Once you’ve identified who and how you can support, give. Think about how you can build them up through relationships and the opportunities you have access to.

To be concise; Get in early, build value, reap the rewards.

Leadership

#FridayNightRants

Over the last couple of months, I’ve had the opportunity to speak with executives in Nigeria by way of casual lunches, after work chats, etc. One issue that resonates consistently is the lack of talent in the job force. Many executives blame Nigerian education system for not preparing students to be employable.

While I agree, the education system in Nigeria has a long way to go, it is unlike the private sector to sit on their hands in this situation. Complaining about an unemployable job force seems to be the easy way out. I believe employ-ability is a symptom of a larger issue in Nigeria; the employee/ employer relationship.

There are examples of employees that are treated like cogs on a wheel. You find someone that can do x and you just make sure they do x until you don’t need it anymore. Employees are interchangeable and that’s how companies hire. Unfortunately, this is the value of the employee in many Nigerian companies.

If Nigerian companies want to compete in the global economy, they are going to have to solve how they will take their human capital to the next level. In order to do that, companies need to rethink their relationship with their employees. Instead of looking at people as disposable, companies should work to grow and groom their employees. There are many Kenyan companies, for example, that have internal learning plans so employees are constantly improving themselves. Which brings me full circle. Nigerian students need to improve their employ-ability. However, private sector companies should look at bringing employees on and figuring out ways to invest in their future while also preparing them to be the best employees they can be.