A BLOG FROM CHARLIE CARTER

Tabby Kinder recently wrote an article for the Financial Times discussing Sequoia Capital’s decision to “walk away” from its investment in Citizen, the crime-tracking app that lets its users live-stream crimes in progress. The article does a good job of explaining that Sequoia led the Citizen Series A financing over 6 years ago, but declined […]

2023 marks the 300th anniversary of the birth of the Scottish intellectual Adam Smith. Smith is today known primarily as the author of a seminal book on political economy titled The Wealth of Nations. This book, celebrated in particular by those who favor free market capitalism, introduced Smith’s metaphor of the “invisible hand”, which represents […]

Financial media and market participants are following closely the FTX implosion and bankruptcy. Sufficient ink has been spilled on the timeline of events, and the fraudulent actions of FTX, Alameda Research, and their leaders, especially founder Sam Bankman-Fried. I won’t repeat that work here. But, I don’t think sufficient attention is being given to how […]

For two primary reasons, the manufacturing industry in the United States shrunk significantly in the last 50 years. First, as globalization took root, it became cheaper to manufacture in low-wage developing countries. Second, technology slowly and steadily automated more and more manufacturing processes. The implications for the communities in “middle America” that were traditional manufacturing […]

I follow @howardlindzon on Twitter. He’s an entrepreneur and runs a successful seed stage investment firm, Social Capital. He’s a student of markets and has a great sense of humor. Makes for a fun and worthwhile follow. Howard is currently beating the drum that seed/early stage valuations have not yet caught up the reality of […]