Nontraditional approach to wealth management

I realize this blog post might appear douchey as its content only applies to very few lucky entrepreneurs. However, given the amount of bad advice dished out by traditional investment advisors and that every entrepreneur I backed who successfully exited asked me how to manage their funds, I felt the post had to be written. Most traditional advisors have a model that essentially looks like this: domestic equities 30% (split between large cap and mid cap), international equities 20%, real estate 20%, fixed income 20%, alternatives 5% (private equity and hedge funds), cash 5%. The percentages vary a little bit… Read More

Eve: from launch to IPO in 31 months!

FJ Labs is mostly a marketplace venture investor and startup studio. However, a few years ago, we had a secondary thesis of investing in and building vertically integrated online brands. It makes perfect sense to build online only brands which sell products of similar or higher quality than offline brands at half the price or less given the lower cost structure of online companies. The very first startup we helped create, and the one that led to the genesis of our apprenticeship program, was Adoreme, an online lingerie fashion company. We are also investors in Read More

Venture Capitalists: change your life with Kushim

by Clément Aglietta Imagine how difficult it was for an empire to keep track of the birth rate, the size of harvests or the spoils from a conquest, with no writing system. In this era, certain people were thus given the task of memorizing the empire’s data. If such a person died, a whole swathe of the economic history of the kingdom disappeared. That is why, 5000 years ago, on the banks of the Euphrates, someone invented a simple and efficient way of transmitting data. The man who signed his name to the earliest written record… Read More

We are lucky to be alive right now!

In these fraught political times, it’s good to take a step back from the day to day minutia. In the grand scheme of things, global quality of life has dramatically improved. In 1820, 94% of the world’s population lived in extreme poverty. Even in 1910, 82% of the world’s population lived in extreme poverty. Until 1945, less than 10% of the world’s population lived in a democracy. That is not to say that everything is perfect right now. Social mobility is stagnating and equality of opportunity has receded in many developed countries. We have not done a good job at… Read More

2016: an amazing year (really)

I went 0 for 4 on election predictions (Brexit, Duterte, Colombian peace, Trump), and was wrong about the scale of the loss of the Italian referendum, but 2016 was amazing on a personal and professional level. In the first half of the year I still suffered from the after effects of last year’s severe concussion. However, I started exercising again in June and finally seem to be recovered and to have put my injuries behind me. I started playing tennis and padel again, and did tons of adventure travel. Highlights were: Exploring Amsterdam Visiting Bali for the first time Climbing… Read More