Devin Baker

At a16z, we believe that the best thing that a society can do for a person is to give them a chance. Give them a shot at a great life regardless of their circumstance, background, ethnicity, religion, gender or any other attribute. Give them a shot, a chance to contribute, a chance to do something larger than themself and make the world a better... See more

When literally everything becomes television, what disappears is not something so broad as intelligence (although that seems to be going, too) but something harder to put into words, and even harder to prove the value of. It’s something like inwardness. The capacity for solitude, for sustained attention, for meaning that penetrates inward rather... See more

As with every type of network, there are two main areas of focus: the demand side and the supply side. Suffice it to say, the demand side is (almost) always the more difficult of the two to prove out. The simplest explanation for this is that the token incentive model maps easiest to the supply side. If you’re already driving a car or have some... See more

It’s far more convenient to worry about the sex life of some abstract other. But it is not, despite their claims, a matter of jealousy. It is a matter of evasion. It isn’t that Gen Z has a sex problem, it’s that we all do — whether we want to make it about loneliness or politics or whatever else is more digestible than making it about sex itself.... See more

In a traditional rollup, users send their transactions to a dedicated sequencer — essentially a single machine operated by the rollup team. This sequencer is responsible for collecting user transactions, determining their sequence, and packaging them into blocks that are posted on Ethereum.

The primary development of STPv2 is Tiers, which can be understood as the ability for creators to provide different offerings at different price-points.

For example, a subscriber to the $5 tier might only get access to Bob’s newsletter, while a subscriber at the $10 tier gets access to Bob’s newsletter and his private group chat. Creators can... See more

But I think the simplest reasons for launching a token should be some cocktail of:

• Raise capital


• Distribute ownership


• Signal that decentralization matters


• Align incentives


• Bootstrap some sort of network effect (extremely ambiguous tbf)


• Make your real supporters rich(er)