Mike Isaac

Recent Posts by Mike Isaac

Greylock Commits $100 Million to Investing in the Future of Marketplaces

VC firm Greylock Partners announced on Thursday that it will commit to investing at least $100 million in entrepreneurs and companies working on marketplaces, or, as Greylock’s Simon Rothman puts it, “network effects businesses and transaction businesses.” (Think Lyft, Wanelo, etc.) Greylock also promoted Rothman, an executive in residence since 2011, to the position of partner on the firm’s consumer investment team, where he’ll focus on marketplace investments.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work