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Labor Shortages

I read last week that there are a growing number of regions around the country where there are labor shortages. Businesses literally cannot find the workers they need to operate their businesses. Today is Labor Day, a day to celebrate [...]  Read more

Scaling In Lower Cost Locations

This is a topic I’ve written about a bunch over the years. I feel like it is becoming more urgent every day. Last week I heard some shocking numbers about salary levels for certain kinds of engineers in the bay [...]  Read more

AVC Stats

As I’ve been working on a new design and approach to this blog/newsletter , I have been diving into the analytics to understand what all of you are doing with it. Here are some charts and tables: 1/ The web [...]  Read more

The Erasure Protocol

Some crypto projects are developed from scratch. Bitcoin, Ethereum, and our portfolio company Algorand are examples of this. The developers have a vision and they go out and build it. Other crypto projects evolve from something else. Kin and Props [...]  Read more

Sometimes it’s OK to yell

I’m normally not the kind of person who yells a lot. I don’t tend to get mad in fights, so much as I get exasperated. I never have those quippy, one-liners ready to go when some jerk makes a passing [...]  Read more

Returning The Fund

I have always felt that every investment in a venture fund should be able to return the fund. That doesn’t mean that they all will. In fact, for many funds I have worked on, only one or two investments work [...]  Read more

Time For A New Look

Five and a half years ago, I moved AVC from Typepad to WordPress and rolled out the design that we now have. It has worked incredibly well. It is low maintenance, easy on the eyes, and minimalist, all things I [...]  Read more