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In 2010, Antonio Garcia Martinez, the founder of AdGrok, wrote, “New York will always be a tech backwater, I don’t care what Chris Dixon or Ron Conway or Paul Graham say.” That prediction obviously turned out pretty wrong, but it did drum up a whole lot of chatter about the right ingredients for building a startup community—about New York vs Boston on the East Coast and whether cities like Austin and Seattle would ever break through.
I have written about my love for NYC’s Citibike service many times. This will be one more. Yesterday I left the USV office at the end of the day and hopped onto a Citibike E-Bike at the brand new kiosk that has been installed in the “no cars” section of Broadway between 23rd and 21st. I rode that E-bike all the way to Central Park West and 81st Street to get to the Delacorte Theater in Central Park.
The following is provided by Dimensional Fund Advisors. We’ve learned a lot about investing over the past 60 years, a period that has seen many breakthroughs in the world of finance. What we know comes from studying public markets and is grounded in serious academic research. The lessons are clear: Investing in markets is an excellent plan for meeting long-term goals, like maximizing your retirement income.
My friend Mike Masnick , founder and leader of Techdirt , is crowdfunding a new paper on NFTs. I backed the project just now with 0.1 ETH and you can do the same here.
Yesterday I wrote about NYC’s Citibike system , which I love, and said this: There should be financial rewards for taking a bike from a kiosk that is completely full or nearly full and returning to a kiosk that is empty or nearly empty. There should also be a financial reward for docking an E-Bike in a kiosk where there are no E-Bikes or very few.
Back in 2005 Malcolm Gladwell wrote a book called Blink that was about how our subconscious allows us to make fast decisions that are often as good or better than slow considered decisions. I was talking to someone yesterday evening about how the venture capital business has changed over the last decade and I explained that we used to have weeks, if not months, to make our investment decisions and now we have days or if we are lucky a week or two.
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