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The Misunderstood Self Driving Car
Albert Wenger – Mar 17, 2015
Yesterday I saw a funny cartoon about self driving cars by Scott Adams from the perspective of a robot with an attitude: When I discuss the impact of automation on the labor market I sometimes run into the argument that [...] Read more
VCs Are (What Google Thinks)
Albert Wenger – Mar 16, 2015
Last night at dinner while waiting for the food we played the “Google autocomplete game.” Here is how it goes. You go to Google and type the beginning of a search query. Then you tell the others the possible completions [...] Read more
Wishing for an Interactive Math, Programming & Physics Learning Environment
Albert Wenger – Mar 9, 2015
It is now six years ago that we at USV held our one day mini conference on “Hacking Education.” A lot has happened since then. We have made investments in Codecademy, Duolingo, Edmodo and Skillshare. MOOCs really took off with [...] Read more
Valuations: Public and Private Markets Misleading Each Other?
Albert Wenger – Mar 5, 2015
With the NASDAQ going above 5,000 for the first time since the year 2000 valuations in tech are once again on everyone’s mind, mine included. It has been a long period writing here on Continuations that I have thought valuations [...] Read more
Knowledge
Albert Wenger – Mar 3, 2015
As our son reminded me the other day, the classical definition of knowledge, going as far back as Plato, are statements that are justified, true and believed. Each of those criteria though is problematic and lacks a clear meaning, despite [...] Read more
Some Notes from the Basic Income Congress
Albert Wenger – Mar 2, 2015
This weekend I attended parts of the North American Basic Income Guarantee Congress (agenda and speakers). What follows are some observations. Please take these with a grain of salt as I only attended some sessions Friday evening and Saturday morning. [...] Read more
FCC Votes to Keep Internet Access Open for Innovation
Albert Wenger – Feb 26, 2015
The FCC just ruled to ban fast lanes for internet access. Consumers have already paid with their bills for bandwidth and they understood that cable companies were trying to double dip by also charging content originators for the same bandwidth. [...] Read more
How Much is Enough by Robert and Edward Skidelsky (Book Review)
Albert Wenger – Feb 25, 2015
Over vacation I read “How Much is Enough?” by Robert and Edward Skidelsky. I highly recommend the book as it goes after a central question that we should all be asking both individually and collectively. The book starts with an [...] Read more
Beware the Post Money Trap
Albert Wenger – Feb 24, 2015
In the current valuation environment many entrepreneurs seem to believe that only two numbers matter in a financing: the amount of the raise and the dilution. This leads them to buy into the idea that more money for the same [...] Read more