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Is Ethereum the AOL of Crypto?
Albert Wenger – Aug 26, 2019
Of course Ethereum is not a walled garden the way AOL was. Anyone can write and deploy a smart contract, whereas adding functionality to AOL required a contract and a custom implementation. What I means instead is that much of [...] Read more
Hypothetical Value To Real Value
Fred Wilson – Aug 25, 2019
I remember when my son came home one day in high school and told me he wanted to “day trade” along with some friends who were doing it. We opened a TD Ameritrade account and staked him with a small [...] Read more
Video Of The Week: Sofar Sounds
Fred Wilson – Aug 24, 2019
Our portfolio company Sofar Sounds facilitates intimate live music experiences all over the world. This video gives you a glimpse of what a Sofar is like: You can go to a Sofar in your community, or you can go to [...] Read more
WeWork IPO and Quantitative Easing
Albert Wenger – Aug 23, 2019
There are many terrific analyses of the WeWork IPO filing out there. One thing I have not read is someone pointing out how there is a possibility that this all works, despite the hokum language and the eye popping capital [...] Read more
The Virtue Of Patience
Fred Wilson – Aug 22, 2019
Our portfolio company Duolingo is known for their super popular language learning app. According to Wikipedia over 300mm people all over the world have used Duolingo. Back in May 2014, Duolingo launched something called the Duolingo Test Center . The [...] Read more
How to Get Legit
Bethany Crystal – Aug 22, 2019
I don’t know about you, but normally when I introduce myself in professional settings, my “pitch” comes across less like a polished story and more like a disjointed list of words and phrases. It looks something like this: Journalism. Sales. [...] Read more
Unlimited Capital
Fred Wilson – Aug 21, 2019
This post on the WeWork IPO ends with the following observation: In fact, I would argue that the WeWork bull case and bear case have more in common than it seems: both are the logical conclusion of effectively unlimited capital. [...] Read more
The Purpose of a Corporation
Albert Wenger – Aug 21, 2019
On Monday of this week the Business Roundtable, an organization which “represents chief executive officers (CEOs) of America’s leading companies,” published a new statement on the purpose of a corporation. The new statement, which was signed by 181 executives, explicitly [...] Read more
Fifty-Eight
Fred Wilson – Aug 20, 2019
Fifty-eight years ago this morning, my mother went to the hospital at West Point New York and shortly thereafter I arrived on planet earth. I’ve always liked having a birthday late in August, at the tail end of the summer [...] Read more