It was Bagheera’s world, we just lived in it

My love for dogs is well documented (Farewell Harvard!), but I must admit that no dog meant more to me than Bagheera. In a way, it is odd that it would be the case. She was really my 2005 girlfriend’s dog. I grew up with Ucla, an extraordinary yellow Labrador, and pined for a similar lab ever since. I knew it would be unfair to the dog to get him while living in a tiny apartment in NY while completely overworked from McKinsey or whatever startup I was running. I bided my time. Finally, post selling Zingy,… Read More

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

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

Some thoughts on Trump’s surprising win

I had the pleasure of being interviewed by Connie Loizos from Techcrunch yesterday. Unsurprisingly the conversation rapidly veered towards discussing Trump’s surprising win. I am reproducing our discussion below for your reading pleasure. You can find the original article at: https://techcrunch.com/2016/11/09/a-serial-founder-on-trump-hes-a-startup-that-disrupted-the-establishment/ Fabrice Grinda, a longtime New Yorker, has helped create hundreds of jobs for Americans and others. Among the companies he has started is OLX, one of the largest free classifieds sites in the world — one that was acquired over time by the African conglomerate Naspers for $250 million. Grinda more… Read More

Technology and the Future of Work

Technological progress continues unabated. The astonishing rate of growth has fueled heated debates about implications on the future of labor and the nature of work. A decade ago, few would have predicted that job categories like iOS development, product management, and search engine marketing would exist today. A world of 3D printed food, virtually free electricity, and unlimited computing power is on the horizon. But what is the cost of technological revolution? Will it remove humans from the equation? What impact will it toll on incomes, quality of life, and the education of our children? Many worry that the current… Read More

My Rematerialized Life

In October 2014, at the end of my Update on the Very Big Downgrade, I explained that the super high occupancy rates of high end hotels and Airbnbs in New York were forcing me to move location every few days. These high transaction costs defeated the very purpose of the downgrade and pushed me to partially rematerialize. After an extensive search, I ended up buying an amazing apartment in the Lower East Side in the summer of 2015. It clearly appears antinomic for an avowed minimalist to own such an ostentatious piece of real estate. As such I… Read More

2015: Adulthood?

I bought an apartment in the Lower East Side in the summer of 2015. The super high occupancy rates of high end hotels and Airbnbs in New York were forcing me to move location every few days, creating high transaction costs and defeating the purpose of my asset light living. It remains minimally decorated and sparse, but has become my New York home and allowed me to restart hosting intellectual salons and dinners again! In 2015, I still traveled too much. It nonetheless was much improved from the previous years and I managed not to go to Kiev… Read More

Life in 2030

I was recently interviewed by Alliancy to discuss the world in 2030. I am transcribing it below for your reading pleasure.   INTERVIEW BY ISABELLE REPITON   Alliancy magazine. What major changes do you envision in fifteen years? Fabrice Grinda. The internet of things, such as refrigerators that order produce you run out of, deliveries by drones, etc. All of this is coming. However, I also see some major breakthroughs in five areas: cars, communication, health, education and energy. The technologies exist. The future is already here, it’s just not equally distributed yet. For large-scale deployment, costs need… Read More