Writing

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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

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

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