Home / Scott Shane

Scott Shane

Why I Want an Allocation of Snap

Image snap-inc-850x476.png

My 14-year-old daughter just had a minor routine medical procedure. She’s fine, but the experience explains why I am trying to get an allocation of Snap Inc.’s stock at its initial public offering, and will buy shares after its IPO. For those of you out of high school...

Read More »

Is There a Series A Financing Crunch?

Image shutterstock_519963466-850x476.jpg

Since 2007, the number of high potential technology companies receiving seed or angel rounds of financing has increased dramatically, while the fraction of those businesses obtaining follow on financing has declined. Some observers have claimed that this pattern shows evidence of a Series A financing crunch. I’m not so sure. Let’s...

Read More »

How to Invest When Returns Follow a Power Law

Image shutterstock_337737683-1-850x476.jpg

In a very insightful post that I urge anyone interested in startup investing to read, Jerry Neumann explains the effect of power law distributions on venture investing. The power law distribution of returns in angel and venture capital investing has three important implications for investors: Make sure to diversify, pay...

Read More »