Albert Wenger | Union Square Ventures | Page 62 of 170
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Mar 16, 2016
In the two previous posts on insurance fundamentals, I introduced a fundamental inequality relating payouts to premiums and the concept of risk aversion. Today we will look at this through a bit of a numerical example. We will look at [...] Read more
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Mar 9, 2016
Video is everywhere these days and for good reason. Even a short video clip contains a lot more information than a still image. But playing back videos in a way that works across browsers and devices has been tricky. Just [...] Read more
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Mar 8, 2016
In my first post on insurance principles I introduced the inequality that has to hold for the industry as a whole and also for any one insurance company to stay solvent (yes you can collect interest on premiums, so consider [...] Read more
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Mar 4, 2016
Yesterday with the NYU Stern class that I am co-teaching with Arun Sunderarajan we focused on the fundamentals of different businesses. The class is about product market fit but looking for that doesn’t mean you can ignore the economics of [...] Read more
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Mar 2, 2016
Today marks my 8-year anniversary of blogging. I have learned so much from it and want to thank everyone who has engaged in the comments over the years. I am particularly grateful for comments that are critical and for ones [...] Read more
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Feb 25, 2016
The blockchain holds great promise for developing decentralized protocols and applications such as marketplaces (e.g., openbazaar), registries for digital and physical assets (e.g. mediachain) and social networks that have no value extraction by a controlling company. Everyone who wants to [...] Read more
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Feb 24, 2016
Confidence in the US Congress is near an all time low according to a Gallup poll on "Confidence in Institutions." People have stopped trusting government. And government has done a lot to deserve it. Politicians have taken huge sums of [...] Read more
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Feb 17, 2016
There is a ton of confusion out there about Apple’s refusal to comply with a court order. The most level headed account I have been able to find is by the Register and I highly recommend reading it. The question [...] Read more
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Feb 12, 2016
I have not been blogging much because I have been working on my book, but many people have asked me about the markets. So here are my thoughts. Much of the recovery in the labor market since 2008 had been [...] Read more