It is finally the summer solstice and my musings start turning towards more important things in life. If you didn’t watch Phil Mickelson’s march up the Ocean Course at Kiawah…
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I’m feeling a bit like the parent who’s been harping on a stocking full of coal regarding SPACs. But now it’s Christmas morning, and lo, your stocking is loaded with…
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These past weeks have been a perfect storm for the clean energy industry. The cyberhack of the Colonial Pipeline shut down gas stations from Houston to New Jersey, highlighting how…
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EntrepreneurshipVenture Capital
Why SPACs Are Risky — The Dangers of SPACs for Investors
by kirkcoburnSince I started this series on the dangers of SPACs, Bloomberg has run an in-depth story about one of the kings of SPACs, Chamath Palihapitiya, and how he’s promoting SPACs…
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I know that SPACs are the new darling for investors. Lots of rich and famous celebrities have gone all-in on SPACs, and tech entrepreneurs think that SPACs are a golden-egg-laying…
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Venture Capital
Why Venture Capital Doesn’t Scale Part 2: Venture Capitalists Prop up Organizations on Stilts of Cash on a Wavering Shore
by kirkcoburnIn a recent blog, I mentioned that venture capitalists prop up organizations with cash (sometimes even when they’re mediocre). I am not going to touch SPACs, the hyperbole of my…