The joy of fixing things up

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I am on a plane right now, watching home renovation shows on HGTV, thinking about how much fun it is to fix things up.

Doing projects around the house (last year I built an exterior staircase and made new kitchen countertops, the year before that I built a mudroom), coding and buding apps, and working w founders to improve companies (what we so at USV) are all the same – starting out with something with promise, seeing the vision for the potential, and doing the work to fix it up.

It is just so satisfying, so fun, and so rewarding. It’s also scary and stressful, full of unknowns. Luckyfor me, both as a DIY home improver, and as a self-taught coder, and now as a yeoman venture capitalist, it’s easier than ever to learn from the outside.

I learned how to code by reading books, using open source code, and by benefiting from the questions and answers if countless others on stack overflow.I learned how to build and fix homes from a short stint working in construction after college, but now mostly by watching videos on YouTube.

I’m learning VC on the inside, but learned so much beforehand from the outside, reading books and blogs of the generous folks in the industry (here’s looking at you, Brad and Fred)

But anyway, point is just that making things, and fixing things, is just the best. It’s my favorite thing to do, and what I plan to do in as many ways as I can, for as long as I can.

Getting in over your head

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I was out last night with some of the little league coach dads, and we got to talking about whether it’s better for our kids to be bumped up a level (but be at the lower end of skills/experience) or stay back a level and have a chance to really excel.  The consensus was that… Read more »

For web platforms considering a token strategy: cryptocurrency vs. dollars?

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A lot of founders / teams have been asking if they should be adopting a cryptocurrency strategy.  This is understandable given the frenzy of fundraising recently and the ongoing dialogue about the potential for cryptocurrencies as an alternative business model for web platforms. As “traditional” web & mobile platforms explore this option, there are a… Read more »

A little better every day

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I just got done coaching my son’s baseball practice. It has been amazing to watch this group of 7 and 8 year olds improve over the course of the season – learning the fundamentals and now starting to make some pretty great plays. I had a great baseball coach as a kid.  I’ll never forget the… Read more »

Entering the world of smart contracts

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One thing that’s interesting about yesterday’s Basic Attention Token sale is how quickly it went – $36M transacted in 30 sec. Lots of people were surely disappointed as they attempted to buy into the token sale only to have their orders canceled for missing the sale window. I haven’t nailed this down for certain, but I suspect… Read more »

Mechanics of the token sale

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In case you missed it, today Brave raised $36M for the Basic Attention Token.  They had allocated 30 days for the token sale, but sold out of 1B BAT in 24 seconds. The Basic Attention Token (BAT) ICO just raised 30 million dollars in 24 seconds. VC’s didn’t even have time to put on a sweater… Read more »

Open source leadership vs. corporate leadership

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As cryptocurrencies and blockchains have continued to gain steam (and attract capital), a common question in the air is, what type of leader does it take to be successful in this space? A common variant on that question is: “will [leader] need a grownup in the room once they get ahold of all that money from… Read more »

Regulating source code

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As more areas of our economy become computerized and move online, more and more of what regulators need to understand will be in the source code. For example, take the VW emissions scandal: These days, cars are an order of magnitude more complex, making it easier for manufacturers to hide cheats among the 100 million… Read more »

Cryptocurrenices: the native business model of attention

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There has been lots of attention this week on cryptocurrencies and blockchains, what with Consensus conf and the Token Summit and lots of related announcements. And with like lots of new things (thinking back to Twitter circa 2010) I find myself spending a lot of time explaining to people what blockchains and cryptocurrencies are, and… Read more »

The Service Recovery Paradox

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I’m writing this from a plane.  I’ve been in the air for an hour and everything is fine, but for a few minutes before the flight, things weren’t fine.  At roughly the time we were supposed to board (on an already late in the evening flight), the gate attendant came over the mic to announce… Read more »

Complicity

I had an interesting experience today.  As I was in the air on my way to San Francisco, I got a text from my Airbnb host saying that they had made a mistake and accidentally double-booked my room.  I ended up taking their offer to cancel and booked a hotel room (at a steep increase… Read more »

Flexing the platform for good

Over the past few weeks, I’ve been touching base with many companies and individuals in the tech sector to understand how they are reacting to the current political environment. Every company and community (of users, customers) is different, with its own sensitivities, priorities, and goals.  So it’s been really interesting to understand the very wide… Read more »

Cycles

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It’s clear that right now we are in a moment of upheaval and turbulence, that seems to have come upon us very quickly.  Pretty much everyone I know has been wrestling to unpack this for the past several months. I’ve been trying my best to understand the worldview of Steve Bannon, who is clearly an… Read more »

The Public Data Layer

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I have been thinking a lot lately about the increasing importance of the “public data layer” — meaning, data that we will need (“we” applied broadly, meaning the general public, NGOs, government, scientists, journalists) to make sense of what’s going on in and increasingly busy, but increasingly quantifiable world. First, some of the drivers here…. Read more »

Experience ↔ Design ↔ Policy

People often ask me how I ended up working in venture capital, and more specifically in a role that deals with policy issues (“policy” broadly speaking, including public policy, legal, “trust & safety”, content & community policy, etc.).  Coming from a background as a hacker / entrepreneur with an urban planning degree, how I ended… Read more »

Unintended Consequences

I’ve been struck recently by the power and surprise of unintended consequences. For example, a recent Slate article digs into flip side of the life-saving potential of automated vehicles: our reliance on car crash deaths for organ donors: “An estimated 94 percent of motor-vehicle accidents involve some kind of a driver error. As the number of… Read more »

Going after it

I’m in SF this week with the USV team – once a year we all come out here together, do a bunch of meetings and social events w our portfolio. Yesterday struck me — and it’s amazing how much of a surprise this is to me, after doing this nearly 5 years — with just… Read more »

The new normal

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The week before last, my in-laws were hit by a truck while crossing the street after dinner. The time since has been a disorienting whirlwind of sadness, fear, hope and thankfulness.  My mother-in-law suffered a very serious brain injury, and while she has cleared the first hurdle of basic survival, the outlook won’t be clear for… Read more »