My name is Peter Grillet.
I work with Startups (early stage companies that make apps or websites). I'm currently building a communications company which will focus on fashion outlets (blogs or shops) online.
This is a place for me to collect my notes and interesting Startup related things.
You can read about projects I have worked on here.
TheWhiskeyLibrary is where I post things that inspire me.
If you are here to read my List, click here.
Chat With Nasty Gal CEO Sophia Amoruso
The accumulation of greater wealth in the hands of a smaller percentage of the world’s population has created immense fortunes with a limitless capacity to pursue a limited supply of art work. The globalization of the art market—the interest in contemporary art among newly wealthy Asians, Latin Americans, Arabs, and Russians—has furnished it with scores of new buyers, and perhaps fresh supplies of greater fools. Once you have hundreds of millions of dollars, it’s hard to know where to put it all. Art is transportable, unregulated, glamorous, arcane, beautiful, difficult. It is easier to store than oil, more esoteric than diamonds, more durable than political influence. Its elusive valuation makes it conducive to extremely creative tax accounting.
Primo is a playful physical programming interface that teaches children programming logic without the need for literacy.
Primo is a play-set that uses shapes, colours and spacial awareness to teach programming logic through a tactile, warm and magical learning experience. Primo makes an incredibly important, but otherwise uninteresting topic to children, enjoyable and fun.
Learn more on Kickstarter
Why do investors seem to care about “billion dollar exits”? Historically, top venture funds have driven returns from their ownership in just a few companies in a given fund of many companies. Plus, traditional venture funds have grown in size, requiring larger “exits” to deliver acceptable returns. For example – to return just the initial capital of a $400 million venture fund, that might mean needing to own 20 percent of two different $1 billion companies, or 20 percent of a $2 billion company when the company is acquired or goes public. So, we wondered, as we’re a year into our new fund (which doesn’t need to back billion-dollar companies to succeed, but hey, we like to learn): how likely is it for a startup to achieve a billion-dollar valuation?