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Bitcoin Revisited: What Society Do We Want?
Albert Wenger – Jun 9, 2011
This is the week for “revisited” blog posts. Today: bitcoin. In my first post about bitcoin I expressed my concern that we may be experiencing a speculative bubble that might ultimately destroy the currency’s usefulness. Since that post, which was [...] Read more
Wattpad’s Continued Re-Imagining of the Book
Albert Wenger – Jun 6, 2011
This week is Book Expo America which is the biggest book trade show in the US. That's a great moment for reflecting on how the book is being transformed in the age of the Internet. Mary Meeker in her slide [...] Read more
Groupon Revisited (with Echos of Kozmo.com)
Albert Wenger – Jun 6, 2011
The filing of the Groupon S1 has resulted in a lot of discussion about Groupon’s business model. Most of the comments were negative, going as far as calling Groupon a “Ponzi Scheme,” although there were a few defenders, such as [...] Read more
The Fitness Function of a Venture Capitalist
Andy Weissman – Jun 5, 2011
"The fitness function of a venture capitalist — meaning the metrics of performance, the report card — is pretty pure. You show up with money, and one way or another more money has to come back than goes in." Bing [...] Read more
Help Me Understand Bitcoin (and Possibly Earn Some Coin!)
Albert Wenger – Jun 1, 2011
Like many others, I find myself fascinated by bitcoin. Not only is it a wonderful example of the real world catching up with science fiction, but it also shows off the incredible power of the Internet to disrupt existing institutions [...] Read more