The Finance To Value Framework
There are two major failure modes in startups. The first common failure mode is the thing you make doesn't get adopted. That's called not finding product market fit in startup lingo. The second common failure mode is "getting too far [...] Read more
Video Of The Week: How Play Made the Modern World
I got to spend a fair bit of time with my friend Steven Johnson this past week, in preparation for our crypto talk on Thursday night and before and after that talk. Steven has this wonderful quality of being able [...] Read more
What’s Going On?
A lot, to be honest. It’s Crypto Week in NYC this week. The last two weeks have been a blur, with so many things happening that I can’t keep up or write about all of them. But, here are a [...] Read more
The Maturation Of A Market
Yesterday’s announcement that our portfolio company Coinbase is launching a suite of institutional products for the crypto market made me step back and think about the evolution of their institutional business. Coinbase started out as a place for individuals to [...] Read more
Off Grid Crypto Transactions
One of the benefits of decentralization is that you can build “censorship-resistant” applications. The best example of that is Bitcoin, a store and transfer of value system that governments can’t interfere with. Censorship resistant money, as it were. But if [...] Read more
Having A Foot In Both Camps
At our annual CEO Summit, which took place last week, we kick things off going around the room with each attendee (there are over seventy at this point) mentioning something they are struggling with right now. When it got to [...] Read more
Happy Mothers Day
It is a bit strange that we set aside one day a year to honor Mom and motherhood because where I sit it is something we need to honor every hour of every day. Motherhood is one of the most [...] Read more
Video Of The Week: Vitalik’s Talk At Edcon
One of the most important questions in crypto land right now is “whither Ethereum?” To get a sense of the answer to that question, it helps to listen to the important speeches Vitalik gives. This one, at Edcon in Toronto [...] Read more
And Now A Word From Our Sponsor
I’m running an advertisement here today. I’ve been Chairman of two public companies in my career and the leaders of those two companies sat down and talked yesterday. I enjoyed watching that very much and hope you do too. In [...] Read more