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Some Lessons I Learned from the Dotcom Bubble for the Coming Crypto Bubble
Albert Wenger – May 26, 2017
I spent a bunch of time at Consensus and Token Summit this week. If it wasn’t clear before, we are headed into a crypto currency bubble. Now a bubble isn’t in and of itself a bad thing. In fact almost [...] Read more
Uncertainty Wednesday: Probability Distribution
Albert Wenger – May 24, 2017
So far in Uncertainty Wednesday we have limited ourselves to looking at examples with only two states of the world and two possible signal values. When I introduced this I explained that these combine to form four elementary events and [...] Read more
Blockstack Browser and Token
Albert Wenger – May 23, 2017
Today Muneeb and Ryan from Blockstack delivered the morning keynote at the Consensus 2017 conference here in New York. They made two important announcements: first the availability of the developer edition of the Blockstack Browser and second the news that there will be a Blockstack Token. To understand the importance of both of these announcements, it useful to look at some of the history of the Internet. Read more
Who Controls our Attention? Separating Aggregation/Discovery from Publishing
Albert Wenger – May 22, 2017
This weekend brought us both a big New York Times piece titled “The Internet is Broken: @ev Is Trying to Salvage It” and a Guardian article about Facebook’s guidelines for content moderators. Both speak to the question of who controls [...] Read more
Vocational Schools and Getting to the Knowledge Age: Finding a Calling
Albert Wenger – May 19, 2017
I recently listened to a talk by David Autor about employment and technology. He praised the high school movement as being incredibly forward looking for addressing the rapid decline in farm employment. When asked about what the equivalent would be [...] Read more
Uncertainty Wednesday: Intro to Measuring Uncertainty
Albert Wenger – May 17, 2017
We have covered a lot of ground in Uncertainty Wednesday but we have yet to talk about measuring uncertainty. While most discussions introduce such concepts as mean and standard deviation early on, I have held off on them on purpose [...] Read more
Thoughts on Regulating ICOs
Albert Wenger – May 15, 2017
It appears that regulators are looking into ICOs, the Initial Coin Offerings by which many projects are raising financing at the moment. Regulators are rightly concerned with people losing money in speculative projects that fail to deliver or worse yet [...] Read more
DREAMELIA
Albert Wenger – May 12, 2017
I am super excited to be backing our daughter Katie’s film project on Kickstarter. She is making a horror movie about what it’s like to be a teenager. Which sounds about right. Joking aside, here’s the premise: The reason I [...] Read more
Uncertainty Wednesday: Day Off for USV Portfolio Summit
Albert Wenger – May 10, 2017
I am taking the day off from Uncertainty Wednesday because today is our portfolio company summit. It is a day I look forward to every year where many of the founders and CEO of our portfolio companies come together. We [...] Read more