Writing

Some of our thinking on infrastructure, markets, and the projects we're involved in. Additionally, we publish quarterly letters to our investors with deeper analysis on markets, portfolio developments, and our investment thesis.

• Venture Situations: The New Normal in Silicon Valley NEW
• Tunnels and Bridges, oh my
• DeFi 101: Some basic primitives, where they came from (and why it matters)
• On Homeschooling
• What Bankers Won’t Tell You: 4 Secrets about Money Crypto Needs to Know
• The Market Vs. The Frontier
• 5 Unanswered Questions About VC Deal Flow
• The Conservation Of Centralization
• Common Rules For Uncommon People
• The Dark Side of Data (Confessions of a Former Data Hitman)
• The Ghost Ships Of Crypto
• What Crypto Investors (and Warren Buffett) Can Learn From VC
• The Next Tenure Track
• The Definition of a ‘Good’ Deal (and How They Mess With Investors)
• 10 Predictions For The Next 5 Years Of Crypto
• An Investor’s Guide To The Four Kinds of ICOs
• The ‘Seed Stage’ is Now The ‘Seed Gradient’
• Forget Church and State: The Coming Separation of Money & Banks
• 5 Things Ray Dalio Hasn't Learned About Crypto Yet
• Poor Richard’s Guide to Cryptocurrency
• A Controversial Thing for VCs to Say
• Outgrowing Our Internet: Caught Between the Intranet and the Decentralized Web
• Packaging your Seed Round
• 21 Things I Wish Someone Told Me as a Young Founder
• Why I’m Joining Founder Collective
• What Comes After SaaS?
• 5 Challenges Crypto Projects Face (And How to Fix Them With Programmable Securities)
• What’s left to build?
• Growth Roles — When to Say “Yes” or “No”?
• The Death of the Firm
• Why Marketers Should Learn To Love The Log-In
• On Growth
• 5 Secrets to Maximize Retail Sales in 2016
• The Best Path to the Inbox: From Decision to Delivery
• The Unbundling of Email Deliverability: What CMOs Need to Know