Writing

Choose

Layers

A central concept on the internet is Layering .  Each of the protocols in the internet stack talks to the layer directly above and below it — new protocols can be added as long as they speak the language of [...]  Read more

Capitulation?

One of the things I have disliked the most about the crypto sector is the idea that people should “hodl” or “hold on for dear life.” I have written many times here at AVC that one should take profits when [...]  Read more

Speech and Power

There is a healthy debate going on now about the role of Twitter, Facebook, and others (Google, Apple, …) with regard to moderating speech on their platforms. Rather than writing something entirely new, I decided to go back and look [...]  Read more

Reporting

At USV, we report to our investors on our portfolio and performance four times a year, once a quarter. We produce an audited report once a year, with our Q4 results. We do that in writing and we also do a [...]  Read more

The Distributed Computing Update

One of the applications of cryptocurrency we continue to be excited about is distributed computing. Before crypto, my laptop couldn’t pay a stranger’s idle server as a thank you for running a machine learning program. Cryptocurrencies finally give us the [...]  Read more