In 1997, David Bowie wanted a liquidity event. Instead of steadily receiving royalties from his 25-album music catalog throughout the next decade, Bowie decided he’d rather receive a lump-sum payment. This led to Bowie Bonds: a set of bonds backed by the royalties from Bowie’s music catalog. Notably, Bowie wasn’t selling his music indefinitely. The... See more
As we enter the next decade, however, consumer acceptance of new financial products & services will continue to grow, leaving new demographics open to new products & services. This would have been true regardless, but it seems clear that the COVID-19 pandemic has accelerated this opportunity.
I want to talk about one very concrete problem: the tangle of angel investing. This is an area where off-chain web2 tools like Docusign, Hellosign, Carta, and AngelList could be profitably augmented with on-chain web3 tools that have matured over the last several years — particularly the Ethereum blockchain, the USDC stablecoin, and the Ethereum Na... See more
Ryan Hawk: As you read more, become more knowledgeable, and interview more people, you become more reasonable. You live more in the mess — more in the gray and less in the black-and-white, you know
The cure for over-summary, I think, is something akin to cultivation. States and maturity need good growing conditions and time. The wonder we should concern ourselves with: What else has been hidden by summary? What thoughts must we resist abridging? Those giant sequoias echo a reminder to ask ourselves, what are the unseen things today that could... See more