Investing @ USV. Student of cities and the internet.

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From Crypto-Native to Crypto-Enabled
I’m not one to make big annual predictions, but one thing that seems likely to me is that 2024 will mark the emergence of mainstream apps powered by ...

Bitcoin as Battery
One of my favorite things about crypto is that, every so often, your conception of what it is changes.Bitcoin at first was "weird internet money...

The Internet's Next Business Model: A Conversation with Cloudflare's Matthew Prince
I just released a new episode of The Slow Hunch with Matthew Prince, CEO and co-founder of Cloudflare. Since we invested in their Series C back in 2013, I've watched Matthew and his team build one of the most critical pieces of internet infrastructure—protecting and accelerating vast portions of global web traffic. Our conversation traces Matthew's journey from his early "slow hunch" that the internet was fundamentally broken and needed fixing. We start with his law school days in 2000, when ...
From Crypto-Native to Crypto-Enabled
I’m not one to make big annual predictions, but one thing that seems likely to me is that 2024 will mark the emergence of mainstream apps powered by ...

Bitcoin as Battery
One of my favorite things about crypto is that, every so often, your conception of what it is changes.Bitcoin at first was "weird internet money...

The Internet's Next Business Model: A Conversation with Cloudflare's Matthew Prince
I just released a new episode of The Slow Hunch with Matthew Prince, CEO and co-founder of Cloudflare. Since we invested in their Series C back in 2013, I've watched Matthew and his team build one of the most critical pieces of internet infrastructure—protecting and accelerating vast portions of global web traffic. Our conversation traces Matthew's journey from his early "slow hunch" that the internet was fundamentally broken and needed fixing. We start with his law school days in 2000, when ...
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Earlier this week, I was at SXSW for CTA's annual Innovation Policy Day. My session, on Labor and the Gig/Sharing Economy, was a lively discussion including Sarah Leberstein from the National Employment Law Project, Michael Hayes from CTA's policy group (which reps companies from their membership including Uber and Handy), and Arun Sundararajan from NYU, who recently wrote a book on the Sharing Economy. But, that's not the point of this post! The point of this post is to discuss an idea that came up and a subsequent session, on Security & Privacy and the Internet of Things. The idea that struck me the most from that session was the tension -- or depending on how you look at it, codependence -- between the "freedom to innovate" and the "freedom to investigate". Defending the Freedom to Innovate was the Mercatus Center's Adam Thierer. Adam is one of the most thoughtful folks looking at innovation from a libertarian perspective, and is the author of a book on the subject of permissionless innovation. The gist of permissionless innovation is that we -- as a society and as a market -- need the ability to experiment. To try new things freely, make mistakes, take risks, and -- most importantly -- learn from the entire process. Therefore, as a general rule, policy should bias towards allowing experimentation, rather than prescribing fixed rules. This is the foundation of what i call
Earlier this week, I was at SXSW for CTA's annual Innovation Policy Day. My session, on Labor and the Gig/Sharing Economy, was a lively discussion including Sarah Leberstein from the National Employment Law Project, Michael Hayes from CTA's policy group (which reps companies from their membership including Uber and Handy), and Arun Sundararajan from NYU, who recently wrote a book on the Sharing Economy. But, that's not the point of this post! The point of this post is to discuss an idea that came up and a subsequent session, on Security & Privacy and the Internet of Things. The idea that struck me the most from that session was the tension -- or depending on how you look at it, codependence -- between the "freedom to innovate" and the "freedom to investigate". Defending the Freedom to Innovate was the Mercatus Center's Adam Thierer. Adam is one of the most thoughtful folks looking at innovation from a libertarian perspective, and is the author of a book on the subject of permissionless innovation. The gist of permissionless innovation is that we -- as a society and as a market -- need the ability to experiment. To try new things freely, make mistakes, take risks, and -- most importantly -- learn from the entire process. Therefore, as a general rule, policy should bias towards allowing experimentation, rather than prescribing fixed rules. This is the foundation of what i call
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