Writing

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Helium

One of the areas of blockchain innovation I am most excited about is building open, permissionless, and decentralized technology infrastructure. The three areas that seem most obvious to me for decentralized infrastructure are compute (code execution), storage (storing files, etc), [...]  Read more

Seven to Ten Years

I have worked in three venture capital firms over the last thirty-three years and am intimately familiar with the performance of the fifteen (ish) venture funds raised and invested by these three firms. Much of what I have written about [...]  Read more

Low (No) Barriers To Entry

There are a dozen electric scooter companies operating in Paris right now. There are so many that the Mayor just announced that she will reduce that number to three with new rules for electric scooters in Paris. But before we [...]  Read more

Fly Like A Bird

We arrived in Paris this morning and after dropping off our bags we walked to our favorite cafe for breakfast and on the way we passed a Bird scooter waiting patiently for a rider. We don’t yet have Bird scooters [...]  Read more

Getting Out Of Town

The Gotham Gal and I are going on vacation for a couple weeks. I will turn on my out of office responder and stop responding to most emails. I plan to continue to write here daily but the timing of [...]  Read more

Why Trust Matters

Dani and Nick and the rest of the USV team worked on a talk about “Why Trust Matters” that we presented at the recent USV CEO Summit. Dani published it on the USV blog yesterday . It is a great [...]  Read more

Open Up Vs Break Up

There have been many calls to break up the large Internet monopolies; Amazon, Google, Facebook, Apple, etc. Breaking up a large monopoly feels like a very 19th/20th century move to me. I would prefer that politicians and policy makers think [...]  Read more