Easy Come, Easy Go
I saw a friend last night who has been trading fiat currencies for thirty years. He looked at the Bitcoin chart and said "I would be worried about Bitcoin if I were you." He knows that we own a fair [...] Read more
Jurisdictional Competition
The economist Paul Romer introduced me to the idea of jurisdictional competition about ten years ago and I've been fascinated with it since. His TED Talk about charter cities from 2009 is a good primer on the concept. The basic [...] Read more
Bearing Witness
Yesterday afternoon I spent a couple hours sitting on the stage at the high school graduation ceremony for the Academy For Software Engineering . This evening I will spend another couple hours sitting on the stage at the high school [...] Read more
Putting Harassment On The Table Vs Under The Table
A lot has been written in the last week about the way the tech sector treats sexual harassment and a lot of suggestions have been made. I am particularly enthusiastic about what our fomer USV colleague Brittany Laughlin suggests , which [...] Read more
The Selloff
My oldest daughter Jessica send me a message last night “what’s going on with Ethereum?”. I told her it was a selloff. I said that people who had made a ton of money in the run up over the last [...] Read more
Doing The Heavy Lifting
Most venture capital investments are made, over time, by syndicates. This means a group of venture capital firms develops around a company, usually built over multiples rounds. Some of the firms in the syndicate agree to (or require) having a [...] Read more
Doing The Heavy Lifting
Most venture capital investments are made, over time, by syndicates. This means a group of venture capital firms develops around a company, usually built over multiples rounds. Some of the firms in the syndicate agree to (or require) having a [...] Read more
Video Of The Week: Unpacking Initial Coin Offerings (ICO) and Token Sales
It’s a travel day for me. We are flying back home today after four weeks away. William told me to watch this video about ICOs and Token Sales. So I will do that on the flight home. Maybe you all [...] Read more
Fun Friday: Let’s Play GM
So you are Phil Jackson and you’ve got the eighth pick in yesterday’s NBA Draft. You want a guard who can be a franchise player for the Knicks. You can take Malik Monk, Dennis Smith Jr, or Frank Ntilikina. Who [...] Read more