Author: Michelle Kung
Investing in Cygnvs
Cyber incidents have reached a crisis level over the past decade. In 2021, the U.S. saw 1,862 data compromises, affecting nearly 300 million people (a nearly 100% increase from five years ago). Cybersecurity practitioners no longer wonder if they ̷…
Temu: What It Is, and Why It Matters
Over the past four months, a little-known shopping app has quietly overtaken TikTok, YouTube, and Amazon to become the most downloaded free app in both the Apple App and Google Play stores in the U.S. Launched last September, Temu is … The post …
Data: Asset Relativity (and the Case of Bay Area Housing) Updated (2022)
As we first shared in 2019, everything is relative — especially home prices in the Bay Area. These prices have continued to rise on an absolute basis over the last 12 years; the typical home in Palo Alto, for example, … The post Data: Asset Rela…
How Founders Should Think About Cash Management
Cash is like oxygen for startups; founders sometimes take it for granted, but it keeps your business alive. Even if you have a great product, growing revenue, and a steady talent pipeline, if you run out of cash, your company … The post How Found…
Serving the Multifamily Real Estate Industry with Software
Multifamily real estate in the U.S., which includes apartment buildings, condominiums, townhouses, and mixed-use developments, is one of the largest asset classes in the world. Approximately 44 million residences are considered multifamily, and they ac…
Investing in Setpoint
Behind many of life’s most important financial transactions — be it buying a house, applying for a mortgage, getting a small business loan, or refinancing a personal credit card — exist a network of trust and credit relationships. Billions of … T…
Escaping Hell’s Flywheel: Building Non-inflationary Distribution Channels
If you were interested in quickly launching a startup, here’s an easy formula for finding product market fit. First, identify an existing product in an industry with a low NPS (like most financial services) that has not traditionally been sold … …
How to Build A Winning Paid Membership Program
Online platforms are passionately hoping that paid membership models may be a new answer to existing advertising revenue ceilings. After all, at $3-5 per member a month, the revenue is sure to add up — or does it? Commerce companies … The post Ho…