When Will Blockchain-based Decentralization Matter?
I became interested in Bitcoin reasonably early and was fortunate to invest in some early mining (although as with all good investments in retrospect not nearly enough). There is currently a fight brewing in Bitcoin world with the possibility of [...] Read more
What Price Change?
The publication of the budget is a good moment to revisit my personal opposition to Trump. If you have read my draft book “World After Capital” you know that I want a lot of change. Much of the changes that [...] Read more
Uncertainty Wednesday: PSA Test Example (Part 3)
OK, so technically it is Thursday but as it turns out I had kind of an epic day yesterday and so Uncertainty Wednesday is a day late (thus introducing some uncertainty about when you will get your next dose of [...] Read more
Some Notes from Videohackday
This past Saturday, Susan and Oliver from Ziggeo organized the third New York City Videohackday. Turnout was terrific with over 100 participants and 18 teams submitting a project. The format of a one-day event works well and appears to attract [...] Read more
Vault 7, Endpoint Security and Why We Need Blockchain Infrastructure
With the release by Wikileaks of the so-called Vault 7 CIA Hacking tools, the debate has once again turned to the effectiveness and role of encryption. As Zeynep Tufekci (you should absolutely follow her on Twitter) rightly points out, this [...] Read more
Uncertainty Wednesday: PSA Test Example (Cont’d)
Last week in Uncertainty Wednesday, I introduced the example of the PSA test for prostate cancer. I provided all the probabilities for elementary events assuming a 50-year old male. We then did some simple addition to figure out the probability [...] Read more
Uncertainty Wednesday: PSA Test Example
After a 2 week hiatus for travel here is another Uncertainty Wednesday. After going through probability I had promised a concrete example. As a 50 year old male one that is close to home is prostate cancer. The system in [...] Read more
Japan Ski Trip
Last night we got back from an epic ski trip to Hokkaido, Japan. Going there as a family was my 50th birthday wish and something I had been looking forward to for several years. I am thrilled to say it [...] Read more
Top Hat
Even back when I was in graduate school, I found the price of textbooks to be high and their quality to vary widely. Now that I have children taking college courses, I was shocked to find textbooks that cost over $200 and are still large physical objects that have to be lugged around! The high prices and lack of innovation are the result of a market structure which has become highly concentrated among just a few textbook publishers. That's why I am excited to announce that USV has led a new round of financing for Toronto-based Top Hat, which last year launched a content marketplace for higher education. Read more