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Uncertainty Wednesday: Correlation the Bayesian Way
Albert Wenger – Mar 7, 2018
After a short break of a few weeks, Uncertainty Wednesday is back! My last post had been the third part in a series on “Spurious Correlation” which ended with “Interestingly, this takes me to the edge of my own knowledge [...] Read more
World After Capital: Digital Technology (Universality)
Albert Wenger – Mar 5, 2018
NOTE: Today I am continuing with publishing revisions to my book World After Capital. This is the second half of the chapter on the incredibly properties of digital technology. If you missed it, the first half of the chapter is [...] Read more
Hiring New Analysts (Update 2)
Albert Wenger – Feb 26, 2018
A second quick update on our analyst hiring process (previous update, original announcement). We have now reviewed all applications. We will be reaching out this week to all candidates, starting with those who have made it to the next stage, which will be telephone interviews. Read more
Architecture and Basic Income
Albert Wenger – Feb 26, 2018
On Friday afternoon I met with a class of architecture students who are researching the relationship between architecture and basic income. This strikes me as a super important issue to work on. One of my contentions in World After Capital [...] Read more
Crypto/Blockchain Safe Harbor
Albert Wenger – Feb 21, 2018
During the initial growth of the Internet, the United States enacted a variety of Safe Harbors, such as the DMCA, that allowed new innovation to unfold. We now need a similar approach to crypto tokens in order to help build [...] Read more
Hiring New Analysts (Update 1)
Albert Wenger – Feb 19, 2018
A quick update on our analyst hiring process. We received 326 applications. Andy and I have so far reviewed 190 of those and plan to complete that initial review by the end of next weekend. We will contact everyone with next steps the week of February 26th. Read more
The Power of Continued Innovation: MongoDB Adds Transactions
Albert Wenger – Feb 16, 2018
Yesterday I did a fireside chat at our portfolio company Shippo and someone asked the question how a company can continue to be successful and grow over a long period of time. My answer was: continue to innovate. A company [...] Read more
Algorand
Albert Wenger – Feb 15, 2018
We have been writing about the importance of decentralized protocols going back to 2013. Since then a lot has happened, including a run up in the price of Bitcoin (and eventually other crypto currencies), the launch of Ethereum, the rise of ICOs and with them the funding of many new projects. And yet it feels to us that we are still in what Carlota Perez calls the “Installation Phase” of a new technology. That’s the period when a market attracts a lot of capital to help build out the necessary infrastructure. Read more
Uncertainty Wednesday: Spurious Correlation (Part 3)
Albert Wenger – Feb 14, 2018
So the last two Uncertainty Wednesday posts have been about spurious correlation. Today, I want to give an example of easy it is to observe spurious correlation. To that end I wrote a little Python program which I will show [...] Read more