For web platforms: cryptocurrency vs. dollars?
A lot of founders / teams have been asking if they should be adopting a cryptocurrency strategy. This is understandable given the frenzy of fundraising recently and the ongoing dialogue about the potential for cryptocurrencies as an alternative business model [...] Read more
Creative Missions For Drone Pilots
Our portfolio company Dronebase announced something interesting and fun this week . They have partnered with Getty Images to provide opportunities for drone pilots to fly “creative missions”. Read more
Buyer Beware
I got this question on Twitter yesterday: Are there any parallels you can draw between ICOs and private investment rounds? — Daniel Olshansky (@olshansky) June 13, 2017 And I responded with this: Yes, buyer beware. Do your homework. Don't be [...] Read more
Buyer Beware
I got this question on Twitter yesterday: Are there any parallels you can draw between ICOs and private investment rounds? — Daniel Olshansky (@olshansky) June 13, 2017 And I responded with this: Yes, buyer beware. Do your homework. Don’t be [...] Read more
Uncertainty Wednesday: Entropy and Communication
The last two Uncertainty Wednesdays we have looked at entropy as a measure of uncertainty. Today I want to tie that back to the original communications context in which Shannon introduced it. We can use our really simple model of [...] Read more
Warriors, Come Out And Play
That’s a line from one of my favorite films, The Warriors . But this post is not about those Warriors. It is about the Golden State Warriors. Who are now the world champions for the second time in three years [...] Read more
Optimal Token Sales
The problem of finding an optimal structure for a token sale is quite difficult. For starters, the objectives between teams and investors are potentially different. Furthermore, these are not homogenous groups. Teams vary widely along at least two dimensions: intent [...] Read more
Inflation/Deflation In Tokens
I remember back in 2011 when I first learned about Bitcoin, we started talking about the technology and the model internally at USV. My partner Albert had done a lot of reading about it and he raised the 21mm hard [...] Read more
Monthly Match Wrap-Up
I woke up Sunday morning in Europe to the news that our monthly match campaign for The Human Utility had crossed the $20k mark and thus our $20k match was fully funded. That was great news but then I saw [...] Read more