Posts filed under “Venture Capital”

MiB: Art Samberg of Pequot Partners

This week in our Masters in Business interview, we speak with with Art Samberg of Pequot Capital.

When Art Samberg began his hedge fund in 1986, there were less than 100 hedge funds. By 2000, as George Soros and Julian Robertson retired, Pequot Capital Management at over $15 billion, became the largest hedge fund in the world.

He returned 17.8% net of fees over the life of the fund, even after starting his full first year (1987) down 26%.

Mr. Samberg holds a S.B. (Aeronautics and Astronautics) from Massachusetts Institute of Technology, where he is a Life Member of the MIT Corporation, and a Member of MIT Executive Committee. He earned his M.S. (Aeronautics and Astronautics) from Stanford University and M.B.A. from Columbia University where he is Co-Chair of the Board of Overseers of the Business School.

He served as Chairman of the MIT Investment Management Company and currently sits on the Board of Advisor of the MIT Energy Initiative (For five years he served).

Listen to it live today on Bloomberg Radio at 10am and 6pm and throughout the weekend. The full podcast is available on iTunesSoundCloud and on Bloomberg.  Earlier podcasts can be found on iTunes and at



Category: Hedge Funds, Podcast, Venture Capital

The University Endowment Sweet Sixteen Bracket

Via Chief Investment Officer, we see this amusing comparison of major university endowments. I am not sure how the winners are determined, other than where a small subset of asset managers would like to one day work. Based on the recent performance data I have seen, there seem to be lots of under-performers. Well, at…Read More

Category: Asset Allocation, Hedge Funds, Investing, Venture Capital

Andreessen Horowitz: U.S. Technology Funding

What’s going on in the public markets? What are all these so-called “unicorns”? What’s going on in venture capital? “This time is different.” It is different. Because it’s always different… U.S. Technology Funding — What's Going On? from a16z

Category: Technology, Valuation, Venture Capital

The Sharing Economy

Bloomberg Briefs: Nowadays, it’s hard to find more exuberant sharing-economy enthusiasts than investors. Uber, the ride-hailing company, is raising $1.5 billion at a valuation of $50 billion — theoretically making the six-year-old business the equal of Target and Kraft Foods. Airbnb, for home sharing, is valued at $20 billion. Uber competitor Lyft is valued Uber…Read More

Category: Digital Media, Technology, Valuation, Venture Capital, Web/Tech

Learning From Failure: Performing an Autopsy on Dead Start Ups

  There has been relentless coverage of the boom in technology startups. Think about the blasé way the word bubble gets tossed about. Big Wall Street banks and Silicon Valley venture capital firms are wooing geek talent, and investors seem willing once again to ignore the widespread use of unconventional financial accountingthat makes a start-up’s finances look much better…Read More

Category: Philosophy, Technology, Venture Capital, Web/Tech

The Startup Generator

I have been having some fun with The Startup Generator.   Click for a few random start ups:       The Startup Generator is a collaboration between Tiffany Zhang and Mike Bradley      

Category: Technology, Venture Capital

Reform of NYC Pension May Follow CALPER’s Script

People seem to be genuinely shocked by a new report out of New York City’s Comptrollers Office. The report found that the city’s public employee retirement fund pays big fees to Wall Street but gets little in return. However much anyone is shocked, they really shouldn’t be. That’s because the high cost of hiring outside…Read More

Category: Hedge Funds, Investing, Venture Capital

Will That New Product Be a Success?

Regarding that Apple Watch . . .   via xkcd

Category: Humor, Technology, Venture Capital

The Future of New Business is Disrupting Old Business

The future of new business is disrupting old businessBarry RitholtzWashington Post, February 1 2015        There are many lessons to be learned from Uber, the taxi- ­ and car-hailing start-up that came out of nowhere and is valued at $41 billion. Less than three years ago, Uber had zero drivers. Now it has more than…Read More

Category: Investing, Technology, Venture Capital

Uber and the Business Model of Disruption

> My Sunday Washington Post Business Section column is out. This morning, we look at future of business, and the role disruption of entrenched interests is going to play. The print version had the full headline “On Uber and the business model of disruption” while the online version is merely The future of new business is disrupting…Read More

Category: Technology, Venture Capital