I love social software and interesting data.
I'm 28. I love cooking and trying new food.
I live in Brooklyn, NY Bayonne, NJ.
Contact me at david.lifson@gmail.com.
I'm the co-founder of Postling, a unified dashboard for small businesses.
It's important to me to give back to the startup community, so if you are interesting in hearing my thoughts about your startup, sign up for my office hours or send me an email.
My other sites:
Where do we need to go from here? We need to break the link that says (wrongly) VCs, like mutual fund managers and hedge funds, should be paid on the basis of assets under management. Venture fund complexity and cost do not rise linearly with assets, so we need to stop pretending they do. There are many way to fix this, but the easiest would be to make GP budgets a negotiated item with limited partners rather than being tied to assets. As a side effect, it would make more palatable and economical smaller funds, like those running under $30m, that cannot be operated at all on a 2% of assets basis.