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Open Spectrum is Good Policy

Fred wrote a post earlier this week advocating for more "open spectrum". Fred argues in his post that freeing up more open spectrum will have a much larger impact than spending $7.2B in stimulus money to run wires to rural [...]  Read more

Welcome Back Dave

There is an old and perhaps slightly shopworn saying in the venture business that you back the jockey and not the horse. But in markets undergoing dramatic transformation, where there is a real advantage to being quick on your feet, [...]  Read more

Arguing From First Principles

David Swensen, the guy who manages Yale University's $19 billion endowment was asked the other night by Charlie Rose if there was anything he learned in school that informed his investment strategy today. David replied that he learned to argue [...]  Read more

Internet for Everyone

This morning Union Square Ventures endorsed an initiative called Internet for Everyone. This group does not sponsor specific policies or legislation. Rather, it hopes to build broad popular support for a few basic principles, that hopefully will guide policy choices [...]  Read more

The Weird Economics of Information

Several months ago I ventured into the spooky economics of information with a post that suggested that data had an increasing marginal utility. A number of folks like Albert, who know a whole lot more about economics than I do, [...]  Read more

Pinch Media – Investing on a New Platform

New platforms create new opportunities. One would think that established vendors with big balance sheets, big investments in R&D, and established brands would quickly move onto a meaningful new platform, using their market power to prevent new entrants from creating [...]  Read more