Albert Wenger | Union Square Ventures | Page 41 of 170

Last Uncertainty

Wednesday I introduced a definition of climate as the probability distribution over weather states. That post ended with a question about how historically observed statistics relate to this distribution. I am in Vienna Austria for a conference and … Read more

Machine Learning – Build vs Buy

By now most CEOs of startups understand that they urgently need to figure out what role machine learning will play in their business. Large established companies too are actively engaged in this process. This is not an easy task in … Read more

The Unknown Path to a Decentralized Future

Some companies with currently centralized services have been criticized for issuing tokens and raising money in ICOs. There are even allegations that venture investors are pushing companies to do so as a ploy for liquidity. I suspect that some situations like that do actually exist, but I know from first hand conversations that many of the entrepreneurs pursuing this route are doing so out of a genuine conviction that it is the right path to a decentralized future. Read more

Today’s Post on USV.com

Today’s post is over at USV.com on "The Unknown Path to a Decentralized Future." Here is the opening: Read more

World After Capital – Progress Report

My book World After Capital has been an ongoing project for a couple of years now. I am excited that as of this weekend I feel it includes all the ideas I want in there. Some of them, such as … Read more

Uncertainty Wednesday – Weather Intro

So far in Uncertainty Wednesday we have mostly built up concepts and ideas, with only one extended example. Given the two massive hurricanes Harvey and Irma, the weather received a lot of attention, including the question to what extent the … Read more

ICOs and the Promise and Perils of a Global

I have already written a bunch about ICOs here on Continuations, including earlier this week about the Chinese ban. Regulators are approaching this, not surprisingly, by focusing on their own country. While that’s understandable, it undermines one of the most … Read more

DACA and the Immigration Policy Mess

Since I am an immigrant to the United States I want to comment on the Trump administration’s announcement yesterday to end DACA (Uncertainty Wednesday will resume next week). I first came to the States as an exchange student in 1983 … Read more

China, ICOs, and Crypto Regulation

As has been widely reported, China has banned all ICOs. Given the torrid pace of ICOs in China, many of which appear to be downright scams, this should not come as a surprise. What will be interesting to see though … Read more