Income Taxation of Founders’ Stock: A Really Dumb Idea
Last year when there was a big debate about carry taxation, I came out in support of taxing carry as income (even though that will clearly mean a much higher tax bill for me personally). With the budget battle in [...] Read more
Is Google the New Microsoft? Beware the Power of Bundling
Whether or not you like Google+ one thing is clear: Google is all in on this one. Unlike Wave or Buzz which were halfhearted launches at best, Google+ is being woven deeply into everything Google does, including of course search, [...] Read more
The Decline of the Phone Number?
I used to think that (mobile) phone numbers might play an important role in identity as they are quite stable for people. For instance, I have had my current number since 1999. But now I am wondering whether phone numbers [...] Read more
Off Exchange and Blackberry
As of last Friday I am off Exchange and my Blackberry, joining the rest of the Union Square Ventures team on Google and Android. While there are still a few small glitches to be worked out, I am happy with [...] Read more
Taking a Stand on Protect IP
Today we posted on the USV blog about a letter against the Protect IP Act. The letter is signed by 53 VCs from 40 different firms representing over $13 billion in equity capital. Our central objection to the act is [...] Read more
Security: A Board Level Issue
The Internet has experienced an epic set of attacks over the last few months. This has ranged from massive compromises such as Sony’s Playstation Network to the smaller but potentially equally impactful breach of Mt. Gox (a bitcoin exchange that [...] Read more
Pandora, S1s and Social
I had an opportunity to buy shares in the Pandora IPO but chose not to. If I was a super active trader and had stayed on top of it I could have made a fair bit of money as the [...] Read more
Researching ESP (Motivating Kids’ Interest in Science)
For the end of her 5th grade, my daughter had to complete something called the “capstone project” – meant to be a first original research project. She came up with what I thought was a rather original project: she wanted [...] Read more
Bitcoin Revisited: What Society Do We Want?
This is the week for “revisited” blog posts. Today: bitcoin. In my first post about bitcoin I expressed my concern that we may be experiencing a speculative bubble that might ultimately destroy the currency’s usefulness. Since that post, which was [...] Read more