Albert Wenger | Union Square Ventures | Page 39 of 170

Nov 15, 2017

Today’s Uncertainty Wednesday will be quite short as I am super swamped. Last week I showed some code and an initial graph for sample means of size 100 from a Cauchy distribution. Here is a plot (narrowed down to the ...

Nov 13, 2017

The latest Senate version of the “Tax Cuts and Jobs Act” has a stab in the eye for startups. It proposes to tax certain stock options and RSUs at the time of vesting. An earlier House version also contained this ...

Nov 10, 2017

Two years ago I wrote a series of blog posts on board effectiveness tips. I am adding a new one today. If you have a large board, make sure you have a lead director. “What is a lead director?” you ...

Nov 8, 2017

In today’s Uncertainty Wednesday we are putting some of the ideas from the last few weeks together: we are looking at the behavior of the sample mean of a fat tailed distribution. To do this we will again use a ...

Nov 6, 2017

There was an interesting post on the YCombinator blog by Ramon Recuero about the evolution of blockchain protocols through forking and copying. The post does not mention the alternative possibility of binding voting as a mechanism for the evolution of [...] (https://continuations.com/post/167194394980/forking-vs-voting-in-blockchains)

Nov 1, 2017

Super short Uncertainty Wednesday post today as I have a crazy busy week featuring our annual meeting (where we meet with our Limited Partners). The last few weeks we have been digging into sample means and expected values. We saw [...] (https://continuations.com/post/167020589205/uncertainty-wednesday-interlude-random-variable)

Oct 30, 2017

Upfront disclosure: I am long both Bitcoin and Ethereum (personally and also indirectly via USV). In preparation for the annual meeting at USV, we have been putting together some slides on the cryptocurrency market. Looking back at the last year [...] (https://continuations.com/post/166943806465/some-thoughts-on-the-state-of-bitcoin-and-ethereum)

Oct 26, 2017

I last wrote about Blockstack early in 2016 when the team announced the goals of the project. Since then a lot of progress has been made. The team has released a browser which is now available for Mac, Windows and [...] (https://continuations.com/post/166815053885/blockstack-update)

Oct 25, 2017

So last Uncertainty Wednesday we encountered a random variable that does not have an expected value. Now if you read that post you might ask, was this just an artificially constructed example or do random variables like that actually occur? [...] (https://continuations.com/post/166778060320/uncertainty-wednesday-fat-tails)