An Open Letter To Jeff Bezos
This ran as a full page ad in the New York Times today. I signed it along with the top labor leaders in NYC, the top political leaders in NYC, top business execs, and the leaders of NYC’s higher education [...] Read more
EU Going Bonkers on Copyright
I know that with everything going on here in the US it is hard to find the time to even think about other parts of the world, but the EU is currently losing its mind when it comes to copyright. [...] Read more
Token Summit IV
Chris Burniske reminded me yesterday of something I said a while ago: "The lesson I’ve learned in my career is to invest into the post crash cycle. When you do that, and do it intelligently, you are rewarded greatly" – [...] Read more
Once is an accident, twice is inexcusable
At an office yesterday, I accidentally walked into the corner of a low seated area and was punished with a 2-inch gash on my leg. Initially I continued with my meeting as planned. But after wincing in pain for the [...] Read more
The Distributed Computing Update #3
Why is distributed compute important? It's not about price, it's about integrity with developers. Developers can trust that a distributed compute protocol won’t go away, fall down, lock them in, revoke their access, or become their direct competitor. Developers cannot trust Amazon, Google or Microsoft to promise them the same. Read more
Carbon-Offset Shipping On Etsy
I don’t write a lot about Etsy here at AVC. It is a public company and I am the Chairman so I have to be careful. But today Etsy is announcing something that makes me so proud. I have to [...] Read more
Uncertainty Wednesday: Imperfect Correlation and the Narrative Fallacy
Last Uncertainty Wednesday I wrote about how regression to the mean at least partially explains the “curse” of building extravagant headquarters (which often signals an impending downturn in the performance of a company). Whenever we come up with a detailed [...] Read more
Progress Is Ugly
I walked out of my house in LA this morning and was greeted with this sight: I thought “ugh” and debated picking it up and putting it where it belongs. I am all for progress and understand that there are [...] Read more
Ten-thousand better decisions: Building a network around “network effects”
There are a million decisions that go into the process of building a company. By surfacing perspectives from 75 companies in our portfolio network, we hope to create tools that help people within each company answer even a fraction of these. Read more
