A Secret Weapon for Startups -- Functional Programming?

I was admitted to Penn for computer science, and while I got two undergraduate degrees, computer science remained my first love all along. My favorite CS course of all was CSE 121, the second semester of freshman year, which was an introduction to functional programming via the LISP language. Why was it my favorite? It was elegant, mathematical, and introduced me to the delights of recursion. To me this was the essence of computer science.

Saying No

The VC business, for a fund manager, is an orgy of rejection. During the course of a year, we will touch 1,000 companies at Amasia; we'll invest in three (maybe four, sometimes two). What this means is that on 997 occasions, we're saying no.

The Fetishization of Entrepreneurship

It's spring, which means the thoughts of VCs turn lightly to thoughts of demo days. Many accelerators have their demo days in March. If you haven't been to one, these are celebrations of entrepreneurship; 21st century business theater. Meeting many, many companies and founders in a concentrated period produces the following reflection.