ALL POSTS

Why I’m interested in Bitcoin

Some people assume that all Bitcoin advocates are motivated by a libertarian political agenda. That is certainly not my agenda. I’m a lifelong Democrat who supported Obama in the last two elections. I think the Federal Reserve plays an important function, and I don’t agree with people who […]

Coinbase

One of the interesting things about Bitcoin is the contrast between how it is portrayed in the press and how it is understood by technologists. The press tends to portray Bitcoin as either a speculative bubble or a scheme for supporting criminal activity. In Silicon Valley, by contrast, […]

Some thoughts on startup crowdfunding

Like a lot of people, I’m excited about crowdfunding, and specifically the crowdfunding of startups now that’s it’s legal in the US. Based on my own experience investing in startups, here are some thoughts and issues that come to mind regarding startup crowdfunding. 1. Startup financings tend toward […]

The Internet is for snacking

Web products have followed a steady evolutionary path from the compound to the atomic. Today’s popular social sites are spin outs of behaviors that emerged from blogs and forums, the primordial soup of the early social web. Before there was Twitter, people were doing something similar to tweeting […]

The idea maze

The pop culture view of startups is that they’re all about coming up with a great product idea. After the eureka moment, the outcome is preordained. This neglects the years of toil that entrepreneurs endure, and also the fact that the vast majority of startups change over time, […]

FiftyThree

Steve Jobs predicted that tablet computers would become so dominant that “PCs would become like trucks” – special-purpose industrial devices. Skeptics replied that tablets were only useful for consumption and not creation and therefore couldn’t replace PCs, to which Jobs said: We are just scratching the surface on […]

Some thoughts on mobile

– People tend to lump smartphones and tablets together as “mobile”. This can be misleading. Ask people who run internet companies and they’ll tell you that user behavior on tablets is far more similar to user behavior on desktops/laptops than it is to user behavior on smartphones. That […]

Airware: An operating system for drones

I’m excited to announce that Andreessen Horowitz, along with Google Ventures, is investing $10.7M in Airware, a startup that makes operating systems for flying robots, popularly known as drones. Drones were first developed by the military. But as component prices drop and software becomes more sophisticated, drones are […]

Hardware startups

For a long time, entrepreneurs and investors shied away from hardware. This seems to be changing. As Paul Graham says, there are many reasons for this: Hardware does well on crowdfunding sites. The spread of tablets makes it possible to build new things controlled by and even incorporating […]

Shapeways: Manufacturing in the Cloud

The Internet dramatically reduced the costs of a number of creative activities. For example, publishing written work used to require a large upfront investment. As a result, publishing was controlled by corporations who acted as creative arbiters. The Internet enabled writers to bypass those corporations, leading to an […]