Introducing OB1
We have said many times that we believe in emergent, decentralized, start-up innovation. Institutions public and private, no matter how well intentioned, tend to protect their institutional interests, whether is it a current revenue stream, or a position of market [...] Read more
Valuations, Profit Destroying Innovation and Winner’s Curse
We all know that valuations in the private markets are high at the moment and generally ahead of public market valuations. There are multiple reasons for this including principal agent issues in venture capital and most importantly the potential for [...] Read more
Where Are We Headed?
I have been telling lots of people that I am writing a book about our transition past the industrial economy. If you have been reading Continuations for a while you know that this has been the subject of much of [...] Read more
Technological Underemployment: Addressing Common Objections
I have been writing a lot about the impact of technology on the labor market, arguing that we need a Universal Basic Income. My basic premise is that technological progress is making it harder and harder for people to earn [...] Read more
Where do web standards come from?
I’ve spent the better part of the last six years thinking about where web standards come from. Before joining USV, I was at the (now retired) urban tech incubator OpenPlans, where, among other things, we worked to further “open” technology [...] Read more
Going Past Capital
Tonight I will be participating in a panel discussion about Universal Basic Income. One of the key arguments for UBI is that we need to decouple people’s ability to meet their basic needs from traditional work because of the rise [...] Read more
Why Are We Here?
We spend a lot of time in tech inventing and building new things. Some people are perfectly happy doing so without needing a deeper reason — some simply want success, others wealth, and many are excited about the potential to [...] Read more
No Stack Startups (the Technical Side)
This past Saturday was Video Hackday in New York City. It had been organized by the team at Ziggeo with the help from many others, including a great roster of sponsors. I enjoyed participating and wrote a little hack that [...] Read more
No Stack Startups
One way of looking at a publisher’s chain of business operations is that there are five core things it must do: (1) produce content; (2) market/promote content; (3) distribution; (4) figure out the best user interface or experience for its [...] Read more