Weekend Reads and Listens - Investing in Friendships
This weekend one of my oldest friends Dylan Smart drove from Tucson, AZ to Carlsbad, CA to spend two days laughing, eating, and cycling. We have known each other for 16-years and it is always worth the effort spending quality time with friends. I am very grateful that he decided to drive out to see me and my family. It also happened to be World Bike Day which was a cool coincidence.
I have realized that my dedicated reading time has been focused on shitty healthcare aggregators that are really just paid advertisements. I need to qualify the content I am reading much more as I am finding my time is getting more scarce. Onward.
Reads 🤓:
Morgan Housel is my go-to finance author. He discusses how certain affable traits, while advantageous alone, can become disadvantageous when combined.
Pitchbooks Venture Monitor put Q1 2023 as the lowest fundraising market since 2017. I feel like there are going to be a great deal of emerging managers in the unemployment line.
AngelList put out a great early stage valuation memo for 2023.
My peeps at HTN curated common questions and struggles for pre-seed/seed funding for their members. Great write up here for any early stage company.
Listens 🎙:
Great podcast with a very dynamic thinker in the private credit space. In the podcast Kieran talks about volatility in credit, private credit in the next few years, and IQ vs EQ.
Morgan Housel is the author of one of my favorite books - The Psychology of Money. In this podcast he talks about his writing journey and how he approaches his process.
Karen is the co-CIO of renowned hedge fund Bridgewater Associates (Ray Dalio’s brain child). Karen speaks candidly about the macro picture in 2023 as well as implications with generative AI.
Howie interviews Jud Valeski who is a career Web 2.0 CEO. They have an incredibly relaxed conversation about Jud’s background, browser extension applications, software margin, and twitter.
I hope everyone has a great weekend and we will see you next week! PS if you are a founder, operator, or investor in San Diego I want to meet you!