Uncontextualized word embeddings are reliable feature representations of words used to obtain high quality results for various NLP applications. Given the historical success of word embeddings in NLP, we propose a retrospective on some of the most well-known word embedding algorithms. In this work, we deconstruct Word2vec, GloVe, and others, into a common form, unveiling some of the necessary and sufficient conditions required for making performant word embeddings. We find that each algorithm: (1) fits vector-covector dot products to approximate pointwise mutual information (PMI); and, (2) modulates the loss gradient to balance weak and strong signals. We demonstrate that these two algorithmic features are sufficient conditions to construct a novel word embedding algorithm, Hilbert-MLE. We find that its embeddings obtain equivalent or better performance against other algorithms across 17 intrinsic and extrinsic datasets.