The Gilded Trap

The best companies — Airbnb, Dropbox, Evernote, Spotify, and of course Twitter — are trapped with $1 billion-plus valuations. In some cases, the valuations are for multiple billions. What yielded a bragging press release at the time is now looking like a gilded trap: They have to go public, do a down round, or sell … Continue reading The Gilded Trap

UP 2.0

Think of it as UP 2.0 — an updated, and improved version of the wearable computing that was launched by San Francisco-based consumer devices company, Jawbone. The original version came to market with much fanfare a year ago, generated a lot of attention, but then fell on hard times when it failed to live up to … Continue reading UP 2.0