Beware of “nostalgia creep”
You’ve probably heard of “scope creep” — when you tack on extra features or add-ons to the initial scope of a project. The more you add in, the more complicated the project becomes, and the greater the risk that deadlines [...] Read more
Audio Of The Week: Marc Andreessen and Ben Horowitz
I listened to this 40min interview of Marc and Ben earlier this week. I enjoyed it. Marc and Ben are smart and witty and know how to work off each other. I got a few really good laughs too, which [...] Read more
Audio Of The Week: Marc Andreessen and Ben Horowitz
I listened to this 40min interview of Marc and Ben earlier this week. I enjoyed it. Marc and Ben are smart and witty and know how to work off each other. I got a few really good laughs too, which [...] Read more
On Crypto and Trust Minimization
What does it mean to trust someone? Usually, that person (or company, or technology) can take actions that share a bunch of characteristics: the action has a material impact on us, we cannot directly observe the action or judge its [...] Read more
The Hinman Test
For most companies and projects in the crypto sector, a big issue has been how to design their token and how to get it in the hands of users, validators/miners, and investors. As Joel explained in this post, you need [...] Read more
What does it mean to be on a board?
I joined two non-profit boards in 2018. The first, as a director at large for the Northwestern University Alumni Association, where I went to school. This was perhaps the more obvious transition. I’ve been volunteering as an alumni leader in [...] Read more
Fewer And Larger
Those are the two words that come to mind when I looked at the Q4 2018 PWC/CB Insights Money Tree Report . 2018 saw the venture capital business moving to larger and larger deals. There were roughly 200 deals around [...] Read more
Forming “accidental communities” with strangers
It was one of those rare nights out where everyone at the bar was raptly a part of the same conversation. “Okay, okay, I’ve got another one!” I exclaimed. The bartender refilled the patron’s wine to my left, and the [...] Read more
Uncertainty Wednesday: Network Effects and Prices and Investment Returns, Oh My!
In today’s edition of Uncertainty Wednesday, we will look at how uncertainty in markets is highly dynamic. Something can be a sure thing for a while but not forever. There is a – potentially apocryphal – story about Ron Conway’s [...] Read more
