Track Record
I’ve had a few conversations in the last few days about a VC’s track record, which is a schedule of investments over the years with the wins, losses, and everything else. I was seeing an old friend who has been [...] Read more
A Visual Guide to the Howey Test
Disclaimer: I am not a lawyer, and I am not your lawyer. I have been in an uncountable number of conversations over the past few years discussing the question of what defines a “security” in the context of cryptocurrencies, cryptonetworks, [...] Read more
On-Chain versus Off-Chain Computation, Turing Completeness and Zero Knowledge Proofs
I have been skeptical about Turing complete on chain computation for a long time. Many early proponents took the position that there is no issue because a mechanism such as Ethereum’s gas limits how long a computation can run. They [...] Read more
Getting people to take care of their dishes
In my role at USV, I visit dozens of tech companies, and one of the things I like to pay attention to is the office vibe and culture of the space. Weirdly, one of my favorite things to scope out [...] Read more
Crypto Fundamentals
Our good friend Chris Burniske was on Squawk Box this morning. I got up and watched it. You can see the video here . Of course there is interest in the crypto market right now, as it is falling hard. [...] Read more
Giving Tuesday
I don’t care about or participate in Black Friday or Cyber Monday. But Giving Tuesday is awesome and I never miss the opportunity to participate in a day of collective giving. I love it. This morning I went on to [...] Read more
The Fear
In all the management books I’ve read and all the professionals I speak with, there’s one element of all of the good intent stuff that just doesn’t seem to be addressed: The Fear. When presented with an anonymous situation — [...] Read more
My Amicus Brief
The Supreme Court is going to start hearing arguments today in a case where consumers are challenging Apple’s distribution monopoly on iPhone apps. These consumers are represented by the attorney generals of 30 states including California, Texas, Florida and New York. [...] Read more
World After Capital: Informational Freedom
NOTE: I have been posting excerpts from my book World After Capital. The last few excerpts have been about Universal Basic Income as a way of expanding Economic Freedom. Today’s section introduces the concept of Informational Freedom. Can you read [...] Read more
