The Hinman Test
For most companies and projects in the crypto sector, a big issue has been how to design their token and how to get it in the hands of users, validators/miners, and investors. As Joel explained in this post, you need [...] Read more
What does it mean to be on a board?
I joined two non-profit boards in 2018. The first, as a director at large for the Northwestern University Alumni Association, where I went to school. This was perhaps the more obvious transition. I’ve been volunteering as an alumni leader in [...] Read more
Fewer And Larger
Those are the two words that come to mind when I looked at the Q4 2018 PWC/CB Insights Money Tree Report . 2018 saw the venture capital business moving to larger and larger deals. There were roughly 200 deals around [...] Read more
Uncertainty Wednesday: Network Effects and Prices and Investment Returns, Oh My!
In today’s edition of Uncertainty Wednesday, we will look at how uncertainty in markets is highly dynamic. Something can be a sure thing for a while but not forever. There is a – potentially apocryphal – story about Ron Conway’s [...] Read more
Forming “accidental communities” with strangers
It was one of those rare nights out where everyone at the bar was raptly a part of the same conversation. “Okay, okay, I’ve got another one!” I exclaimed. The bartender refilled the patron’s wine to my left, and the [...] Read more
The Octopus Card
I am in Hong Kong this week for Blockstack ‘s Decentralizing the World Tour (more on that in a forthcoming post). I arrived yesterday and have been exploring the city a bit. The first observation is how awful the air [...] Read more
The Tortoise And The Hare
Aesop has some great fables but my favorite is The Tortoise and The Hare. I was reminded of it yesterday when I saw this chart in my colleague Nick ‘s deck for a talk he is giving this week in [...] Read more
The onboarding opportunity
We’re in the midst on onboarding two folks to the Network Team at USV — one new full-time hire and one temp who’s stepping in to cover for a colleague on maternity leave. This has never happened before. As you [...] Read more
Take Your Lumps
The Gotham Gal and I went through our (actually her) angel investments yesterday and figured out which ones went under in 2018 so we could take the tax write-offs on our 2018 returns. It is an odd exercise. Kind of [...] Read more
