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Three observations for a great venture investment.

Startup fundraising is rarely linear (especially when you understand how venture capitalists think).

How to make sense of the online travel market and investment opportunity.

The power of low take rates (or fees) in business models.

How to sell into a SMB (small to medium sized business) and how novel GTM (go to market) motions really matter in this category.

How different investors invest and their associated process. A collection of letters and stories I've been obsessed by over the years.

Why great companies are scrappy and a framework to determine this.

The leading indicators of "customer obsession".

Understanding the oddities of venture capital with a real company example.

How to think about "toy markets", for example, podcasting.

Evaluating managers via a "personality matrix".