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How restrictive zoning slows economic growth

Had an interesting conversation with a good friend re the impact of zoning on the economy. In the midst of discussing the growth of Silicon Beach, I had kind of an epiphany. Because of how we control land use around the beach (including the Coastal Commission, the Mello Act, specific plans, etc.), we are dramatically

Update on the loathsome Neighborhood Integrity Initiative

Want to remind everyone that the vile Neighborhood Integrity Initiative remains a threat to our city. Here’s an update from Curbed on its progress… it’s getting onto the ballot in a March election where turnout out to be like 0.0005% of the population. In case you haven’t heard, the initiative basically creates a moratorium on

Mea culpa for my big mouth

Every time I start working on putting together a fund, I run into the same problem. Well before I’m actually ready with the docs, I tell a bunch of people that we’re doing a new one. Then, understandably, they follow-up with me to get the docs. And I don’t have them, because they always take

Unilateral disarmament

As our career progresses, we’re finding ourselves in the interesting position of carrying out multiple negotiations over time with the same investors. Managing¬†this effectively turns out to be very different from your standard one-off negotiation. Why? Because you always need to be thinking about how that specific negotiation impacts the whole relationship. When I negotiate,

Shame on Yahoo

Am a voracious consumer of business news… find that I learn all kinds of things from following how other businesses operate, make deals, etc. So I was appalled to discover, over the last couple of days, how Yahoo (mis-)handled disclosing being hacking while conducting its sale auction. To catch you up: In 2014, hackers apparently

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