Venture Deals Spring 2023 Course

The course is free and starts on March 21, 2023. This is the third time we are running the new version of the course (v2!) that was co-created with Techstars and Kauffman Fellows. If interested, sign up now. I hope to see you there in one of the AMAs we will host for anyone who takes the course.

February 16, 2023 · 1 min

Afghan Dreamers at BIFF 2023

Amy and I have been sponsors of the Boulder International Film Festival for a while. We’ve also been helping fund documentaries and have received several executive producer credits. Two of these films are in the 2023 Boulder International Film Festival on March 2 – 5, 2023. Afghan Dreamers is the story of an all-girls robotics team in Afghanistan who risks it all to prove that they can compete against anyone worldwide. Working in secret in a province under strong Taliban influence and the threat of violent retribution, the high-school-aged team members struggle in the face of immense odds and ever-present danger. They single-handedly begin to change perceptions in their entrenched Islamic culture. The film focuses on three team members – Fatemah, Somaya, and Lida – who become role models for the next generation.

February 13, 2023 · 3 min

The MIT Banana Lounge

I’ve co-founded or been an early investor in many things. One of my favorites is the MIT Banana Lounge. I will be hanging out there Tuesday afternoon and doing an AMA from 2pm to 4pm. It began with an email from Zoe Sheill. I met Zoe at PSL when she was an intern the summer before her freshman year at MIT. We stayed in touch, and I went bananas when I got the following email from her on May 3rd, 2021.

January 30, 2023 · 3 min

AI and the HyperEncabulator

Dave Jilk and I had a long discussion last night, which included some rambling about AI. If you have been following me for a while, you know that in 2010 I stated that the machines have already taken over for us and are patiently waiting for us to feed all human knowledge into them. This morning, Dave told me about the new HyperEncabulator project by SANS ICS as part of their ICS initiative. If you aren’t aware of the ICS initiative, it’s essential for industrial applications, especially IoT and security.

January 29, 2023 · 2 min

Book: Please Report Your Bug Here

Some day there will be a genre called “startup fiction.” I mean, if science fiction, which is a sub-genre of fiction, can have libertarian science fiction and recursive science fiction, surely startup fiction belongs in a sub-genre of a sub-genre of a sub-genre. Please Report Your Bug Here by Josh Reidel is an excellent example of startup fiction. I began reading it at the end of the day Saturday after finishing The Age of A.I. and Our Human Future. I enjoyed Reidel much more than Kissinger, Schmidt, and Huttenlocher (even though I greatly respect them.)

January 23, 2023 · 2 min

Interviews about Dealing with 2023

I usually do a few interviews (podcasts?) at the beginning of the year. I avoid all of the end of the prior year “what do you predict for next year” stuff and find that several long-form interviews at the beginning of the year allow me to get out of my head what’s going on from my frame of reference. If you know me, you know that I learn by doing, writing, reading, and thinking out loud. I find these interviews to be a good way for me to think out loud to solidify my transition into the new year.

January 19, 2023 · 2 min

Book: Ted Conover's Colorado

I read two books by Ted Conover over the weekend. Cheap Land Colorado: Off-Gridders at America’s Edge (2022) Whiteout: Lost In Aspen (1991) Amy gave me the first one as a present. A few years ago, we bought a bunch of land about an hour’s drive away from Aspen. I’ve been spending a lot more time in the middle of nowhere Colorado, especially now that I have a trailer on the land and Starlink. My hikes and trail runs (without Starlink, but with a Garmin inReach for safety), which are still in the day hike category, take me deeper into the middle of nowhere.

January 17, 2023 · 3 min

I Don't Hate Crypto

Well, that was interesting. I get many more private emails in response to blog posts than comments. Yesterday, in response to Reflecting on Ponzi Schemes, I got a few that said anyone under 35 needs a net native currency, and that’s crypto. A few others said some versions of all governments are Ponzi schemes. And I got a few that implied I hated crypto. Earlier last year, one of my partners told me that I’d developed a reputation with other VCs (presumably our partner funds) that I hate crypto. At the time, I deflected and said that I didn’t hate crypto; I just thought there was considerable Ponzi-like behavior in crypto. I’m regularly cynical about things on our internal Slack channel and periodically post about big blowups, including in crypto.

January 16, 2023 · 3 min

Reflecting on Ponzi Schemes

At the end of 2022, some people started shouting that Crypto was a Ponzi Scheme following earlier declarations by Bill Gates, Warren Buffett, and Charlie Munger. Others, especially those in the crypto industry, were saying some version of “Well, FTX Might Looking Like a Ponzi Scheme, But Crypto is Legit and Isn’t a Ponzi Scheme.” But then someone else in the Crypto industry, on the same website, wrote Crypto Ponzi Schemes: How to Identify and Protect Yourself From These Scams. Ok. How confusing.

January 15, 2023 · 2 min