Writing

It’s winter in NYC now and I am reminded of all the apartments the Gotham Gal and I lived in during our 20s and 30s in Manhattan and Brooklyn. The typical heating system was hot water or steam-powered radiators that [...]  Read more

This is a theme I have come back to many times over the last decade but in the wake of all of the headlines about high profile founders, VCs, and companies leaving the bay area, I thought I would return [...]  Read more

A few years ago, maybe in 2016, we held a discussion of blockchain and crypto technologies at the annual meeting of our limited partners. I recall someone in the audience suggesting that the NYSE and Nasdaq could rebuild their markets [...]  Read more

I saw this project as I was browsing Kickstarter this morning and I watched the video and thought “I need to get one of those.” If you would like to display a favorite photograph in holograph form you can back [...]  Read more

I have written about stablecoins a bunch here at AVC. I believe cryptocurrencies that are not highly volatile are important for use cases like e-commerce. I explained why here . So we need crypto assets that are price stabilized and [...]  Read more

It is very typical that options and RSUs that are issued to new employees upon joining a company will have “one year cliff vesting.” This means that the first year of vesting into your options or RSUs will not happen [...]  Read more

I’m not much for the shopping mania that happens on Black Friday and Cyber Monday, but I do like the idea of taking a day at this time of year to give back. Today is that day. This year is [...]  Read more

We learned last week that the US Treasury wants to regulate crypto wallets like bank accounts. On the surface, one can understand that temptation. If people store, send, receive, and sell crypto assets in crypto wallets, then surely they should [...]  Read more

I learned yesterday of the passing of Arnold Waldstein. Arnold was as regular a reader of this blog as there ever was or ever will be. His warmth is what I will remember most. He cared about people. Arnold was [...]  Read more