Writing

As has become my practice, I celebrate the end of a year and the start of a new one here at AVC with back to back posts focusing on what happened and then thinking about what might happen. Today, we [...]  Read more

AVC community member William Mougayar sent me a video of a talk he recently gave in Moscow. I really like the framework he articulates about half way through the talk regarding token 1.0 (where we are now) and token 2.0 [...]  Read more

This chart from eMarketer really brings it home. We have a digital advertising duopoly. The difference between second and third place is massive. I don’t want nor do I expect any governmental response to this market failure. I want to [...]  Read more

One of the reasons I am rooting for the Ethereum community to address many of its current issues (scalability being the big one) is that there is a clear developer platform opportunity for Ethereum. The Ethereum programming language Solidity is [...]  Read more

As I have written about here on AVC many times, early stage venture portfolios produce a wide range of outcomes. A few investments produce the vast majority of the returns while many investments return nothing. Managing a portfolio with power [...]  Read more

As I have written about here on AVC many times, early stage venture portfolios produce a wide range of outcomes. A few investments produce the vast majority of the returns while many investments return nothing. Managing a portfolio with power [...]  Read more

I am publishing my annual year end playlist as a holiday gift to the AVC community. I did 21 songs last year but 2017 was a great year for music, so I thought I would double that to 42. And [...]  Read more