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Kansas Basketball and the Value of Money
On Bankability
What’s the Cost of Entropy
When Awesome Is Not Awesome
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Stupid Accounting Tricks
I enjoyed this SEC enforcement action against electronics manufacturer Gentex and its CFO Kevin Nash (no, not that Kevin Nash)…
Work in the Real World
Occasionally one of our investors will call us and ask "Hey, how's it going in the real world?" which is a clever way of alluding to the fact that…
Brain Arbitrage
Brent (our CEO) called me the other day and said “I had a dream last night that we moved the firm to San Francisco and were wildly successful, so let’s make it happen.”
You Can’t Find What You’re Not Looking For
I think everyone’s aware by now of the kerfuffle involving the Chinese spy balloon that went right over Permanent Equity’s HQ in Columbia, Missouri…
ChatGPT is Bad at Math
The world continues to be both fascinated and frightened by the ChatGPT AI despite the fact that it’s not very numerate…
CIMple Truths
Look, we have empathy for the analysts at investment banks tasked with putting together lengthy decks about small private businesses (aka Confidential Information Memorandums or CIMs for those not in the know).