The adjacent possible

Posted by & filed under Strategery.

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 »

Layers

Posted by & filed under Decentralization / Crypto / Blockchain, Strategery.

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 »

The path to decentralization: self-destructing companies

Posted by & filed under Decentralization / Crypto / Blockchain, Strategery.

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 »

Compound interest goes in both directions

Posted by & filed under LifeHacking, Strategery.

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 »

Focus

Posted by & filed under Strategery.

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 »

From a labor mindset to a capital mindset

Posted by & filed under Strategery.

I’ve been quiet on the blog lately — writing is one of those things that’s hard to build a habit for, but always pays big dividends when you do it.  Every time I’ve gotten into a good blogging rhythm I am undoubtedly surprised by the feedback I get (good and bad!), but more importantly, by… Read more »

Changing seasons

Posted by & filed under Strategery.

Today is the last day of September, and I’m happy and relieved to see it go. I’ve been holding my breath. September is a violent month.  That may seem like a ridiculous thing to say, but I think there’s some truth in it.  Something about the end of the summer and the abrupt change to… Read more »

On the blockchain: platform first or app first?

Posted by & filed under Strategery.

I was emailing with a friend recently, who asked: “On the web, in order to build a platform you first need a hit app. Do you think this dynamic is different in blockchain?” It’s a great question, and one I have been thinking about a lot lately.  First, let’s unpack the idea that the way… Read more »

Learning by doing

Posted by & filed under Strategery.

I had lunch yesterday with someone who has been investing in the crypto / token space recently — having pooled together a small “fund” from friends and family.  It’s a short-term vehicle (like, 6 months), and a large part of the goal is simply to become hands-on familiar / capable investing in token sales /… Read more »

Keeping it simple

Posted by & filed under Strategery.

We recently had our daughter’s birthday party, and we held it in a public park near our house, where there’s an old parks department building.  The sun plan was outdoors, but of course it thunderstormed and we didn’t have a back-up plan.  So we called an audible and asked if we could use the back… Read more »

What’s your medium?

Posted by & filed under Strategery.

Yesterday, I caught up with my old friend Gary Chou.  Gary was the first General Manager of the USV Portfolio Network (predating Brittany and Bethany), and has since been running Orbital, a community space and “studio for building networks” (which happens to be in the original Kickstarter building on the Lower East Side).  We got… Read more »

Getting in over your head

Posted by & filed under Strategery.

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 »

Where do web standards come from?

Posted by & filed under Strategery, The Web.

I’ve spent the better part of the last six years thinking about where web standards come from.  Before joining USV, I was at the (now retired) urban tech incubator OpenPlans, where, among other things, we worked to further “open” technology solutions, including open data formats and web protocols. The two biggest standards we worked on were GTFS,… Read more »

Venture capital vs. community capital

Posted by & filed under Events, Strategery, The Web.

Photo: Rudy (Loïs) Pignot I am in Paris this week for OuiShareFest, and spoke yesterday morning during the opening session.  OuiShareFest is in its third year as a large international gathering of folks interested in the peer/collaborative/sharing/networked society, put on by the community organization OuiShare. The topic of this year’s fest is “lost in transition”, and… Read more »

Bureaucracy and Trust

Posted by & filed under Strategery.

Yesterday, I spent the day at a meeting on “city innovation” at Harvard’s Kennedy School, with 30 or so CIOs, CTOs, and other technology executives from around the country. I did a short presentation on predictive analytics and cities (slides here) — thanks so much to everyone who sent in comments and who emailed me… Read more »

Predictive Analytics and Cities

Posted by & filed under Strategery.

It’s been a big year for predictive analytics.   I’ve been following Nate Silver’s blog on the election, and his deep data analysis cut through the noise, was consistent, and ultimately proved correct.   And to look at another (eerily prescient) example, look at this 2006 prediction of what a major coastal storm could do… Read more »

Striking the Right Balance

Posted by & filed under Strategery.

It’s hard to find the right balance when bringing technology into our lives.  I do think lots of us suffer from some form of internet / social media addiction, and it’s getting easier and easier every day to bring all of that with us everywhere we go. This will only continue to accelerate (and I… Read more »