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@sarahlacy It's my blog post you mention above. I agree there are all kinds of biases and inaccuracies in the seed data. My conclusion from the analysis is that the number of Series As is growing, the share of total investments Series As represent is growing and that the dollars flowing into venture capital are relatively constant. It's impossible to compare seed investments or company formation statistics since they are so poor. But we can conclude that the Series A market is healthy, if not vibrant. 

2 years, 4 months ago on In today’s venture world, self-discipline is a virtue and denial is a red flag


I pulled together the data on seed rounds. This is the analysis.

2 years, 4 months ago on The Series A crunch is hitting now. Have we even noticed?


If you believe Spotify's business model is much better, I think you need to prove the unit economics are better. If the PrivCo numbers are to be believed (, Spotify's cost of sales are nearly 100% of their revenues, where Pandora's are only 60% (

2 years, 6 months ago on Stop Fretting About Spotify’s Business Model, It’s Pandora We Should Be Worried About


What does web consumption mean? Page views? Time on site?

2 years, 6 months ago on Mobile Eating the Web: 22 Percent of Web Content Now Consumed on Devices