One of my favorite things to do is get my hands into something and figure out how it works, whether that’s an app, or a gadget, or a house.
For example, over the past few months I have been renovating our basement, turning an unfinished, dank storage area into a playroom for the kids. Here is my friend Ned, and my son, as we were pouring the new concrete floor over the summer:
I get completely enraptured by a project when my hands are into it. There are so many details to figure out, and enjoying the final result, when you know exactly how much work went into it, is so satisfying.
Perhaps most importantly, getting hands on with anything is (for me at least) the best way to learn. When I learned programming, it was in the context of building apps and websites with friends — I learned as I went, and got deeper and deeper and deeper. Same goes for every single thing I’ve learned over the years (deeper in tech, legal, investing, crypto, etc). The more hands-on I am, the more fun I have, and the more I learn.
I have been thinking about this in the context of investing. Looking back over the years, at the times when I have felt the strongest sense of conviction about an opportunity, it’s the times when I was the most hands-on that I felt it the strongest.
At USV, we try to be users of every new platform that we invest in (in some cases this is easier than others). It is easy to say that, but also easy to forget it sometimes, especially in areas that are really new. But there is just no substitute for approaching things that way, for me at least.
With real-time, interconnected, self-executing systems, sometimes when things wrong, they go really wrong. I wrote about this general idea previously here. Yesterday, while I was writing my post on Trusted Brands, I was doing a little searching through my blog archives, so as to link back to all the posts categorized under “Trust”. In the… Read more »
Today is election day. I’m on a plane today, so I voted early, a few days ago. I cast my vote and it felt good. I marked my paper ballot with a marker (for optical scanning) glued it shut into a sealed envelope, and handed it to a volunteer who placed it in a secure… Read more »
The massacre in Pittsburgh is heartbreaking and awful, and another example of the extent to which society seems to be fraying. The Pittsburgh attacker spent a lot of time on social media sites that stoked his fear, isolation and anger. I think about the internet a lot, and while the internet has the ability to… Read more »
I wrote recently about the challenge of turning plans into routines. One of the activities that is the most impactful for me is meditation. I cannot say that I have a perfect meditation routine, but I can absolutely say that when I do do it, it makes me feel great, immediately. There are a bunch… Read more »
Just about two years ago, my wife’s parents were hit by a truck while crossing the street. The past two years have been both difficult and wonderful. Wonderful in that two people who were on the brink of death following the accident are still with us (her mother in particular has had a miraculous if… Read more »
Sunday night over dinner, my son, parents and I were discussing the saving / investing system we set up for our kids in the spring. The idea was/is: set a monthly budget for purchases (in their case, mostly online movies, tv shows and games), and include a really healthy interest rate (20% monthly) to encourage… Read more »
Dani and I have been spending a bunch of time recently thinking about the relationship between applications and infrastructure. It’s a little bit of a chicken and egg situation. You need infrastructure to build apps, but often times you don’t really know what kind of infrastructure is needed until you build some apps. For example, we… Read more »
One of the greatest things Frannie and I have in common is that we get the chills from music — typically at the exact same time, triggered by the same musical… something. For me it starts at the back of my neck, and if it’s really good, it spreads all over my back, head, and… Read more »
My favorite baseball player is Brock Holt, and has been since his first season with the Red Sox back in 2013. Here is me last month wearing my Holt jersey that I wear to every game (note the #26 that he started out with, before it was retired for Wade Boggs a few years ago… Read more »
I have been helping my son, who is in 4th grade, with his math — specifically, multiplication. He feels like he is a little bit behind, so we are working on it so he can get more comfortable. It is going well now — we have gotten into a routine of spending 15 minutes per… Read more »
Over the past few weeks, I have varied up my computing habits a bit. For a laptop, I have been using a Pixelbook, and I have also been spending more timing using an iPad Pro for work (vs my default of using a Mac laptop for everything). What I have discovered is that the form… Read more »
Back in May, I had what ended up being a major hand surgery — repairing a torn tendon and in the process reconstructing the end of my pinkie by grafting tendons borrowed from my ring finger. As a result, I am now recovering from two injuries — the pinkie itself and the ring finger that… Read more »
A central concept on the internet is Layering. Each of the protocols in the internet stack talks to the layer directly above and below it — new protocols can be added as long as they speak the language of their layer. Protocols at one layer can be upgraded so long as they don’t break compatibility… Read more »
One of my favorite things about the cryptocurrency / blockchain space is that our conception of “what it all means” is still very much in flux. Nic Carter just published a nice analysis of how the functional narrative around bitcoin has changed over time – (roughly) from e-cash, to e-gold, to private currency, to a… Read more »
In June, the SEC gave some of its most concrete guidance to date that cryptoassets can start out as centralized projects, possibly initially sold under securities laws, and eventually become “decentralized” and thus no longer sponsor-controlled, and no longer sold or transferred under securities laws. It makes sense that a decentralized protocol does not fit… Read more »
I was at an event last night, where the moderator, Preeti Varathan from QZ observed that there seemed to be a lot of cynicism in the blockchain / crypto space — in other words, that the whole thing was essentially premised on a distrust of existing systems (fiat currencies, large internet companies, etc). It’s an… Read more »
There is no shortage of writing and punditry about the power of compound interest. As usual Naval has a pithy tweet about it: Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest. — Naval (@naval) May 31, 2018 I have been thinking about this a lot… Read more »
One of my former colleagues, Rob Marianski, and I used to have a running joke — we would be building and debugging something, and he’d finally say, “Oh, so you just want me to set just_work = true?”. That was over 10 years ago, but it still gets me every time for some reason. (as… Read more »
Ryan Caldbeck is on fire on Twitter right now. Ryan is the CEO of our portfolio company CircleUp, and he just joined Twitter for the first time earlier this year and is, I may say, feeling very comfortable in the medium. Over the weekend he put up a great diagram-oriented tweetstorm with a bunch of gems… Read more »