I Can’t Do Math In Prose
I wrote those words to a friend of mine yesterday. We are working on a project together. He wrote me an email listing a whole bunch of investments to be made and where we are on them. I read it [...] Read more
Earn.com
The news broke earlier this week that our portfolio company Coinbase has acquired Earn.com . A lot of the press attention was centered around the fact that Earn’s CEO Balaji Srinivasan is becoming Coinbase’s CTO and the backstory about how Earn [...] Read more
Uncertainty Wednesday: The Problem with P-Values (Learning)
Today’s Uncertainty Wednesday will be the concluding post in my mini-series on the problem with p-values. We have already seen that it is much easier than expected to reject a null hypothesis if you have incentives to do so. We [...] Read more
The Employee Equity Project
In the fall of 2010, I wrote a series of nine blog posts about Employee Equity as part of MBA Mondays. You can read all of them at the links below: Employee Equity: How Much? November 22, 2010 Employee Equity: Vesting [...] Read more
The Employee Equity Project
In the fall of 2010, I wrote a series of nine blog posts about Employee Equity as part of MBA Mondays . You can read all of them at the links below: Employee Equity: How Much? November 22, 2010 Employee Equity: [...] Read more
Are We Decentralized Yet?
My friend Chris Burniske told me about this site last week and then tweeted about it last night: So the answer to the question posed by the name of the website is “not really.” But that doesn’t mean we won’t [...] Read more
World After Capital: Laying a Foundation (Scarcity)
NOTE: I am continuing to publish revised sections from my book World After Capital. Today’s section provides a technological definition of scarcity (instead of an economic one) and provides a brief history of how scarcity has shifted over time from [...] Read more
Time And Money
One of the least discussed aspects of investing in startups is the value of the time commitment one makes to a company they invest in. The money part is pretty simple; you invest capital into a business and get an [...] Read more
Time And Money
One of the least discussed aspects of investing in startups is the value of the time commitment one makes to a company they invest in. The money part is pretty simple; you invest capital into a business and get an [...] Read more
