Uncertainty Wednesday: Pay Extra to Read (Or Fight to Protect Net Neutrality)
Just imagine for a moment the world we can easily find ourselves in. You love my series of blog posts called “Uncertainty Wednesday” but when you try to access it instead of seeing the content, you receive a notice from [...] Read more
Wenger Design: Men’s Wear
I have mentioned here on Continuations before that we have been home schooling our children. The main reason for doing so is to give them plenty of time to pursue their interests. Interest that over time can deepen into passions [...] Read more
Uncertainty Wednesday: Sample Mean under Fat Tails (Cont’d)
Today’s Uncertainty Wednesday will be quite short as I am super swamped. Last week I showed some code and an initial graph for sample means of size 100 from a Cauchy distribution. Here is a plot (narrowed down to the [...] Read more
Call Your Senators to Preserve Equity Compensation for Startups
The latest Senate version of the “Tax Cuts and Jobs Act” has a stab in the eye for startups. It proposes to tax certain stock options and RSUs at the time of vesting. An earlier House version also contained this [...] Read more
Board Effectiveness Tip #5: Have a Lead Director
Two years ago I wrote a series of blog posts on board effectiveness tips. I am adding a new one today. If you have a large board, make sure you have a lead director. “What is a lead director?” you [...] Read more
Uncertainty Wednesday: Sample Mean under Fat Tails
In today’s Uncertainty Wednesday we are putting some of the ideas from the last few weeks together: we are looking at the behavior of the sample mean of a fat tailed distribution. To do this we will again use a [...] Read more
Forking vs. Voting in Blockchains
There was an interesting post on the YCombinator blog by Ramon Recuero about the evolution of blockchain protocols through forking and copying. The post does not mention the alternative possibility of binding voting as a mechanism for the evolution of [...] Read more
Uncertainty Wednesday: Interlude (Random Variable vs Distribution)
Super short Uncertainty Wednesday post today as I have a crazy busy week featuring our annual meeting (where we meet with our Limited Partners). The last few weeks we have been digging into sample means and expected values. We saw [...] Read more
Some Thoughts on the State of Bitcoin and Ethereum
Upfront disclosure: I am long both Bitcoin and Ethereum (personally and also indirectly via USV). In preparation for the annual meeting at USV, we have been putting together some slides on the cryptocurrency market. Looking back at the last year [...] Read more