Building on top of EHRs
Traditionally, startups in healthcare have had challenges with distribution. This is not any different from companies in other industries, but innovation is not fully “permissionless” because of regulation, the many stakeholders involved (i.e. government, payers, hospitals/clinics, physicians, caregivers, and patients) with competing incentives, and the power of incumbents that continue to consolidate the market (i.e. […]
Announcing our investment in Lolli – Bitcoin for everyone!
When Lolli launched in August, co-founder Alex Adelman wrote, “Over 60% of Americans have heard of bitcoin, but very few actually own any.” For all of us in the tech bubble, this is a good reminder of the relative inaccessibility of cryptocurrency. Many of us have Coinbase accounts (a V1 portfolio company) and don’t think twice […]
Finding new opportunities from second order effects
Over the past decade, new platforms have driven down the cost of starting a tech business. For example, you don’t need to buy servers anymore – you can just host your site on AWS. And distribution has become immediate, efficient, and highly targeted thanks to Google and Facebook. The impact extends beyond technology companies too. […]
CryptoKitties and the KittyVerse: The exciting potential of programmable assets
You might have seen in the tech press today that our portfolio company Dapper Labs, the company behind the world’s first and most successful consumer blockchain product, CryptoKitties, has raised US$15M in a Series A2 round of funding led by Venrock, with participation by Google Ventures and Samsung NEXT. When we originally invested in Cryptokitties […]
“Smart SaaS” – the next generation of enterprise apps
When Angela and I were pitching our newest fund to investors, we started using the term “smart SaaS” to describe the kind of SaaS companies we like to invest in. Before the SaaS explosion, software and data were only “on premise.” Then, SaaS came along and moved everything to the cloud, boosting efficiency and collaboration […]