Nuggies: New Direction for Venture Capital and Why Your Apartment is so Hot
Thursday, August 6th, 2020
Welcome to the 14th edition of Nuggies, an email newsletter that aggregates articles and commentary on business, economics, startups, and more, in bite-sized nuggets sent right to your email weekly. Created by and for college students.
Our quote of the week comes from
This Week’s Articles:
Gumroad founder Sahil Lavingia launches new seed fund in collaboration with AngelList, Tech Crunch
One of Pinterest’s co-founders, Sahil Lavingia, announced that he is starting a rolling venture fund, which is like a normal venture fund, except that it allows a wider range of investors.
A typical venture fund raises the capital they invest from a small number of Limited Partners (LPs), usually high net worth individuals or other types of funds. This structure, however, allows investors to commit capital on a quarterly basis, which gives the fund more freedom to raise money as they go.
This is an interesting read for anyone interested in VC who wants to learn about a new development in the industry.
Read it here
Your Old Radiator Is a Pandemic-Fighting Weapon, Bloomberg
If you have ever been in New York in the winter, you probably were sweating non-stop. Many of the pre-war buildings have radiators that just seem relentless, and this Bloomberg article shows us why.
During the 1918 Spanish Flu, public health officials required that windows be kept open for for fresh air. In order to keep buildings livable, steam heating systems were designed to keep the buildings warm with all the windows open. That is why, to this day, the radiators overheat our buildings.
There is a lot more to learn and it is a really interesting read, here
How to Think About the Plummeting Stock Market, The Atlantic
Markets hate uncertainty and there may never have been a time that is more uncertain than this one right now. This article takes a look at the current market in the midst of the pandemic and provides a frame of mind for how to think about investors’ reactions.
Read it here
This Week’s Tweets:
^This is a really interesting thread on the uber-successful DJ Marshmello. Well worth a read
This Week’s Wildcard (an extra, interesting nugget):
Check out this Calvin and Hobbes comic strip. We’ll let you draw your own conclusions, but would like to mention that life truly does imitate art.
This Week’s Question:
Is globalization/free-trade good?
What are we listening to this week?:
We are listening to arguably the last good album Kanye West released. The Life of Pablo has a personality of its own and never disappoints. From song of the century contender “Ultralight Beam” to the ultimate track “Saint Pablo”, TLOP has a song for everyone.
Thank you for reading! Nuggies is created by Thomas Pero and Spencer Koehl, two undergraduate students at the University of Notre Dame.
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