I think, write, invest, and have a suffix | Building @beondeck | Thinking @ http://whitenoise.email | #bitcoin | Collector
@grailersdao 🏆 | curator @startupyworld
The best thing for a company or project’s narrative is to have a lot of people with credibility to the target audience tell stories with roughly similar positive themes again and again over a long period of time, with new examples of the same positive themes added in. The more authentic and the less coordinated it all seems, the better. When it... See more
Despite this grandiose fervor, venture capital is not changing.Like a word’s denotation, it is unchangeable — an absolute, a fixed paradigm.Venture Capital, very simply, funds:The test of a true, novel hypothesis with…Enough capital to definitively prove or disprove said hypothesis so as to generate…Supporting data that makes it clear that the... See more
Put simply, the Global Financial Crisis produced some of the best Venture Capital vintage years in modern history. A great deal of this value accrued to those GPs and LPs who deployed capital during the crisis’ nadir.
By definition, you will likely succeed a vanishingly-small percentage of the time, but—as the saying goes—that’s a feature, not a bug. The point is to venture—fistfuls of money in hand—at the furthest extremes of capitalism, hoping to stumble upon that rare, proper intersection of technology and commerciality.By design, most investments will miss... See more
I mention the above because via writing online (how else?!) I met writer, podcaster, and cryptophile extraordinaire Jason Levin who kindly invited me to discuss the interesting times in which we find ourselves.Amongst other things, we explore:Friendship before, during, and after collegeThe origins of White NoiseForthcoming White Noise pieces"Ode to... See more