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Back in 2014, USV got subpoenaed by the New York State Department of Financial Services (DFS) over our web3 investing activities. We hired a law firm, answered the subpoena, and that ultimately landed me in public testimony in front of the DFS staff. In my testimony, I explained to the DFS staff that the difference […]
over a year ago

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I’ve Moved Onchain

Over the last few years, I’ve moved my internet life from web2 to web3 and rarely use any web2 services anymore. So I am starting a series called “I’ve Moved Onchain” to explain this journey to everyone and today’s opening post is about blogging, naturally. I’ve blogged at AVC.com for a very long time. I […]

a year ago 101 votes
Transit Tech Lab

The Partnership for NYC, alongside its partners at the MTA, the Port Authority of New York and New Jersey, NJ TRANSIT, and NYC Department of Transportation, launched a call for applications for the 6th annual Transit Tech Lab this week. To kick off this year’s program, the Transit Tech Lab is seeking early and growth-stage […]

a year ago 33 votes
Empire AI

Last summer I sat down with Tom Secunda, who co-founded Bloomberg LP with Mike Bloomberg, to talk about areas of shared philanthropic interest. Tom told me that academic institutions do not have access to the kind of AI/ML infrastructure that the top tech companies have and he wanted to fix that. His idea was a […]

a year ago 32 votes
Read Write Own

Chris Dixon, who leads the A16Z crypto fund, and has been an entrepreneur, VC, and friend of mine for over twenty years, has written a book called Read Write Own that is available for pre-order now and will start shipping at the end of the month. Chris gave me a copy right before the holidays […]

a year ago 54 votes
What Will Happen In 2024

As we enter 2024, the capital markets have found their footing and are moving higher. The Fed has taken interest rates as far as they want at this time and inflation has come down. It seems that a “soft landing” is likely. That is good news for the innovation economy because healthy capital markets are […]

a year ago 70 votes

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Why Investors Don’t Care About Your Business

Founders with great businesses are often frustrated that they can’t raise money. Here’s why. I’ve been having coffee with lots of frustrated founders (my students and others) bemoaning most VCs won’t even meet with them unless they have AI in their fundraising pitch. And the AI startups they see are getting valuations that appear nonsensical. […]

2 days ago 5 votes
The hidden labor that makes AI work

Alex Hanna and Emily M. Bender examine the hype behind artificial intelligence in their new book, The AI Con. Below is an excerpt on the invisible labor behind some AI tools.

2 days ago 2 votes
Jewish Americans are feeling unsettled

Increasingly squeezed between the new leftism and the new rightism.

2 days ago 2 votes