campegg.com - Cam Pegg: Digital product and strategy guy

Description: Musings about stuff by someone old enough to know better than to put them on the internet

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I’ve just been introduced to the concepts of “good money”—investment capital that is patient for growth but impatient for profit, which allows a company to explore and develop new growth opportunities without immediate pressure for returns—and “bad money”—investment capital that is impatient for growth but patient for profit, which generally leads to short-term thinking and potentially impedes long-term innovation and growth.

And now I know why VC-funded businesses have such a high failure rate.

David Brooks' piece in The Atlantic about how America got so mean is so, so accurate (and it also meshes well with J.B. Pritzker’s commencement speech at Northwestern University I posted a little while back).

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