The Value of Ignorance

สิงหาคม 1, 2023    ·    6 min read

 “They did not know it was impossible so they did it.” Mark Twain’s quote resonates with me. As much as we encourage founders to validate their startup idea in an … Continue reading “”

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เวลาคือทุกสิ่งทุกอย่าง

พฤษภาคม 23, 2023    ·  3 minutes

“อนาคตมาถึงแล้ว เพียงแต่มีการก … อ่านเพิ่มเติม “เวลาคือทุกสิ่งทุกอย่าง”

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How I was hacked, and all my cryptocurrencies were stolen!

กุมภาพันธ์ 20, 2018    ·  6 minutes

Because I started playing with cryptocurrencies as a hobby years ago, and for a long time they were not worth much of anything (read Some thoughts on cryptocurrencies), it did … Continue reading “”

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Some thoughts on Bitcoin energy consumption

กุมภาพันธ์ 5, 2018    ·  7 minutes

By Eric Denovitzer The rising popularity1 and price in Bitcoin has been accompanied by widespread criticism of the amount of energy used by miners of the network. Often cited by critics … Continue reading “”

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Some thoughts on cryptocurrencies

ธันวาคม 19, 2017    ·  8 minutes

To anyone living in the West the purpose of Bitcoin and the blockchain can seem opaque because we have functioning legal systems, rule of law, no capital controls and respect … Continue reading “”

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How to run a company with (almost) no rules by Ricardo Semler

พฤศจิกายน 28, 2016    ·  < 1 minute

What if your job didn’t control your life? Brazilian CEO Ricardo Semler practices a radical form of corporate democracy, rethinking everything from board meetings to how workers report their vacation … Continue reading “”

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The Next Evolution: AI-Powered Marketplaces

พฤษภาคม 24, 2016    ·  4 minutes

By Güimar Vaca Sittic and Fabrice Grinda Online marketplaces are fascinating. Matching demand and supply seems mundane, but it takes a lot of work to actually make it happen. As … Continue reading “”

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The problem with rental marketplaces

กันยายน 28, 2015    ·  4 minutes

By Guimar Vaca Sittic Most of the successful peer-to-peer marketplaces are purchase-oriented. The graph below categorizes some of the most successful peer-to-peer marketplaces and divides them by transaction type: rental … Continue reading “”

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Understanding Vertical Marketplace Innovation

สิงหาคม 24, 2015    ·  3 minutes

By Guimar Vaca Sittic It’s already common knowledge that the latest wave of marketplaces are vertical plays attacking horizontal behemoths like eBay or Craigslist. Disruptive online marketplaces not only connect … Continue reading “”

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Asset prices are more sensitive to very low interest rates than most suspect

พฤษภาคม 26, 2015    ·  4 minutes

Global interest rates are now at historical lows. Conversely we are seeing record prices for asset prices be they share prices of listed companies, privately held Internet startups, art, collectible … Continue reading “”

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2015 Venture Investing Update

มีนาคม 24, 2015    ·  15 minutes

It’s been a while since I posted a missive on our venture investments and I felt it was long overdue given the fundamental changes we’ve made to our strategy. We … Continue reading “”

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