IPFS is an open protocol built and supported by our portfolio company Protocol Labs that facilitates a peer-to-peer file system composed of thousands of computers around the world, each of which stores files on behalf of the network.
So why is this a big deal?
Well, here are a few reasons. You can all add more in the comments.
1/ Cloudflare is a massively scaled infrastructure company. By offering a hosted IPFS gateway, none of us need to download and run IPFS software on our computers anymore. Cloudflare will do it for us.
2/ IPFS is awesome. It decentralizes file hosting, which has historically been a centralized affair on the internet. The Cloudflare
Today is primary day in New York State. The polls open at 6am and stay open until 9pm.
There are primary races for the Governor, Lieutenant Governor, and Attorney General as well as a bunch of statewide races for State Senate and State Assembly.
In NYC, and to a lesser extent in New York State, the primary can be the election as the city and state lean left.
So I encourage everyone in New York State to go out to the polls and vote today.
It all comes down to voting in a democracy. Marching feels great. Tweeting feels great. Polls make the news. But voting is the political action that really counts unless you can give gobs of money to candidates which most voters cannot and don’t do.
I plan to get to my polling place early on the way to an early start to the workday.
I have never been as obsessed with Elon Musk as many are in the tech sector. We own two Tesla cars. We pre-ordered Tesla’s solar roof tiles several years ago but have not yet received delivery of them. I appreciate his ingenuity and creativity and we like the Tesla products we own. We are not and have never been shareholders of Tesla or SpaceX.
With all of that disclosure, I want to share the video of Elon’s appearance on Joe Rogan Experience as the video of this week. Much has been made of Elon’s decision to take a puff on a tobacco/weed joint on the show. I don’t make too much of that. I’ve been around people smoking pot since I was a teenager and I think it is a lot like alcohol. I believe it is fine if it is done responsibly and appropriately and I am pleased that
With the new version of Android comes intelligence around mobile notifications.
If you tend to swipe away notifications from a particular app, Android eventually asks you this:
I told Android to keep showing these project updates to me even though I tend to swipe them. I like to see these but don’t often click on them.
I would say that most of the time, I select “Keep Showing” but some of the time I do choose “Stop Notifications.”
I love the idea of a smart operating system that learns how you want to use it and adapts to that versus forcing you to do the configuration manually and that is where Google is clearly going with Android.
You can really see it in the latest version of the OS.
Our portfolio company Stash, which offers a super simple mobile investing app and has roughly 2.5mm users, did some analysis on male and female users to see if there was a material difference in risk tolerance between men and women on their service.
The conventional wisdom is that men are risk takers and women are more conservative.
Stash found that there really isn’t much difference between male and female users of their service when it comes to risk tolerance.
And they found that women are more tolerant of the highs and lows that come with being an investor.
The Economist has a cover story this week called Peak Valley.
The article suggests that Silicon Valley’s lead as a hub for innovation has peaked and other regions are rising. It ends with the concern that innovation more broadly has peaked.
I somewhat agree with “the rise of elsewhere” narrative and disagree that innovation has peaked.
Our experience at USV has been that we can and do find high impact startups to invest in outside of Silicon Valley but that we find just as many in Silicon Valley.
In our first four funds spanning the vintage years of 2004-2014, we have had twelve very high impact startup investments. Seven of them were from outside of Silicon Valley and five were from Silicon Valley. The seven outside of Silicon Valley came from NYC (four), Pittsburgh, London, and Austin. Each of the funds we raised and invested during that period have had
I don’t know when Gmail started doing these for me but it was around the time I switched over to the new UI. Most likely this is one of the features of that new UI.
When I have not responded to an email that Gmail thinks is important, or when someone has not responded to an email from me that Gmail thinks is important, it resurfaces that email near the top of my inbox.
It looks like this:
The first email is a reply I sent to an email and the recipient has not responded in seven days. Gmail is suggesting that I follow up.
The second is a back and forth with my brother and I failed to reply to his latest. I just did. Thanks Gmail.
While this is a relatively small feature in the overall Gmail offering, I have found it quite useful in the month or
There is a framework I’ve/we’ve used over the years to think about where to invest and where not to invest that I call “atoms vs bits.”
I am not sure where I got it from but the concept is simple. Is the software being built and taken to market dealing with just bits or are atoms also involved?
The idea being that it is going to be easier to make something work if there are just bits involved. Atoms make things more complicated and more expensive.
In the 90s, when I first came across this framework, it led us/me to focus on areas like media and financial services where the product was end to end digital. And the first industries to be truly disrupted by the Internet were the ones, like media and financial services, that are end to end digital (or can be).