A historical collection of our writing.
Fred WilsonWeb 3 is the next generation of the web in which decentralized apps (dApps) operate on top of a shared data layer and users have control of their data and the ability to move between dApps with little to no switching costs. Think about the way domains and email addresses work. We (individuals […] Read more (opens AVC in a new tab)
Last Uncertainty Wednesday, I introduced the beta distribution to model our prior belief about the probability of Heads in a coin toss. We saw that for the parameters α = β = 1 the beta distribution gives us a uniform prior, which expresses the highest degree of uncertainty (you may want to revisit […] Read more (opens Continuations in a new tab)
Dani GrantOne of the applications of blockchain that we are very excited about is Universal Basic Income. While UBI has traditionally been imagined as a government subsidy, cryptocurrency gives us a way to implement UBI without the need for a government to implement it. We are intrigued by this possibility […] Read more
Fred WilsonMy son told me he wanted to learn Japanese. I told him to check out our portfolio company Duolingo ‘s awesome language learning product of the same name. He told me that he has used Duolingo and likes it, particularly the ability to generate streaks. He told me that once you have a streak going, you […] Read more (opens AVC in a new tab)
Fred WilsonI am excited by the potential of cryptocurrencies and cryptogoods to change, and hopefully improve, the way we raise funds for charity. Cryptogoods are particularly interesting as they are scarce and unique digital goods. AVC community member Arnold Waldstein tipped me off to a really good example […] Read more (opens AVC in a new tab)
NOTE: Last week’s excerpt from World After Capital described how prices cannot exist for many of our most important attention allocation decisions. Today I describe how production functions with network effects result in power law distributions that have bad social and economic implications. […] Read more (opens Continuations in a new tab)
