What in the world do I mean by that?  Of course I think the dollar and euro are broken, but what’s the alternative?  Gold?  Maybe, but it won’t last.  Tyler Cowen partially touches on information classification in his book, but does he make the link to currencies in their traditional...

Jeff Miller has done a couple of nice posts on “A Simulation of Angel Investing” here and here. I think it’s terrific that Jeff actually asked the question and tried to answer it with simulation. However, his answer of 20 is way too low because of two key oversimplifications. Using a...

Today, Rafe and I launched new angel fund aimed at for-profit social entrepreneurs. It’s called Presumed Abundance and it’s going to make people think about what it really means to invest in people. Have a look. Let us know what you...

I meet a lot of social entrepreneurs who are just starting out and have the following dilemma.  They are full of energy and creativity, but they don’t have a single tangible project or venture yet that they feel they can commit to.  What they need is the time and freedom to explore the possibilities,...

Inspired by the X Prize, Y Combinator’s “Startup Ideas We’d Like to Fund” and Kickstarter, I am offering a $100K prize in three parts: $10K for Crowdsourced X Prizes Platform Allows anyone to offer a cash prize for achieving a goal they want achieved Allows anyone to pledge...

Imagine you are in your early twenties, out of college several years and your best friend, who recently came into an inheritance of $300K cash told you they could think of no better way to invest the money than to invest it in you.  Not the company you started, not as a loan, but invest it in YOU, as if you...