The Redistribution of Network Effects in Cryptocurrencies
Cryptocurrencies have strong network effects, built around the concept of mining. The more miners participate, the cheaper mining gets and the more quickly transactions are validated. (On a side note, this has actually not be true as of late for Bitcoin as it ran into scaling issues which is driving up mining costs). In fact, […]
V1 Data Hangout – Episode 2: How do you manage your data?
A month ago, we hosted the second virtual hangout with data teams across our portfolio. Our goal is to link up our data teams to build a peer network, share best practices, collaborate on solutions and push the bar on data science innovation. In case you missed the summary of our first session, here’s a recap. […]
Q3 2017 Round-Up: Portfolio News and Activities
Another quarter has come and gone… We continue to invest in blockchain companies and funds such as Coinbase and Metastable Capital, which join our existing crypto portfolio (Blockstack, Citizen Hex and Polychain Capital). Here’s a quick recap of our other funding announcements, portfolio news, and product updates (the things we can announce publicly): Funding announcements We announced our investment in Manifold, the […]
Three rules for VC-entrepreneur engagement
Recently, someone asked me about my principles for engaging with my portfolio entrepreneurs. The question was a good trigger to think about what drives my interactions with entrepreneurs and how my relationships have evolved over time. Three guiding principles provide the foundation for all my communications and engagement with entrepreneurs: 1. Listen and ask questions […]
Announcing our investment in Manifold
We are very happy to announce our investment in Manifold, the easiest way to find and manage essential developer services. Manifold’s value proposition is to give developers a better way to find and manage all the various cloud services that can help them build and scale their applications. Today, you don’t need racks of servers […]