thomas's comments

thomas | 4 years ago | on: I quit my job to make free web tools

What's a good information source for this? Like is this just something built on the domain tools api? Or is more of a front end for dig?

Congrats though, great looking site and it's super snappy.

thomas | 4 years ago | on: Public Domain Radio

This is great! Does simply owning the record give them the right to play/distribute the track? Or is it because they are out of copyright and in the public domain?

thomas | 5 years ago | on: What Ended Indie

Ah, thank you. I would have called this the "net asset value" or perhaps the book value, or something like that.

So, in other words, Indie lacked in notable liquidity events so realized IRR was low while the perceived book value was somewhat higher. I'd imagine this happens all the time in VC.

thomas | 5 years ago | on: What Ended Indie

Yes, it was an interesting read but my takeaway was that this was a very conventional failure as an investment vehicle.

Can anyone explain "as converted" IRR to me? I'm fairly familiar with finance concepts, but this was a new one to me, so seeing it being blamed in some way for the fund's closure confused me.

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