Showing posts with label Venture capital. Show all posts
Showing posts with label Venture capital. Show all posts

Thursday, March 09, 2023

9: News Bulletin

Nvidia CEO Jensen Huang's big bet on A.I. is paying off as his core technology powers ChatGPT
Spotify is revamping its podcaster tools, including Anchor, and is partnering with Patreon
The New Bing and Edge – Progress from Our First Month
Apple to Shake Up International Sales Operations to Make India Its Own Region
Google One brings VPN to $1.99/month plan, adding dark web info monitoring

Chinese AI groups use cloud services to evade US chip export controls
Uber Is Considering Spinning Off Freight Logistics Division
New Low: Monthly Funding Dips Below $20B As Funds Continue Record Raises
Consensus raises $110M to inject automation into SaaS product demos
Microsoft, Google-Backed Group Wants to Boost AI Education in Low-Income Schools

Coinbase announces Wallet-as-a-Service product to simplify web3 onboarding
DuckDuckGo Releases Its Own ChatGPT-Powered Search Tool, DuckAssist

Wednesday, March 01, 2023

Marc Andreessen



The Pmarca Guide to Startups, part 2: When the VCs say "no"
Part 3 “But I don’t know any VCs!”
Part 4 The only thing that matters
Part 5 The Moby Dick theory of big companies



рдкрд╣िрдЪाрдирдХो рд╕рдкрдиा рджेрдЦाрдПрдХो рдоाрдУрд╡ाрджीрд▓े рдиै рд▓рдд्рддो рдЫाрдбेрдкрдЫि рдк्рд░рджेрд╢ рез рдХो рдиाрдо 'рдХोрд╢ी' рд░ाрдЦ्рдиे рдк्рд░рд╕्рддाрд╡рдоाрдеि рдмुрдзрдмाрд░ рд╕ंрд╕рджрдоा рдЫрд▓рдлрд▓ рдЪрд▓िрд░рд╣ँрджा рдЬрдирддा рд╕рдоाрдЬрд╡ाрджी рдкाрд░्рдЯी (рдЬрд╕рдкा) рдХी рдиेрддा рдиिрд░्рдорд▓ा рд▓िрдо्рдмूрдХा рдЖँрдЦाрдмाрдЯ рдЖँрд╕ुрдХो рдХोрд╢ी рдмрдЧ्рджै рдеिрдпो। ...... рдк्рд░рджेрд╢ рез рдпрд╕्рддो рдерд▓ो рд╣ो, рдЬрд╣ाँ рдкрд╣िрдЪाрдирдХा рд▓ाрдЧि рд▓ाрдоो рдЖрди्рджोрд▓рди рдЪрд▓ेрдХो рдеिрдпो। рдХुрдиै рдмेрд▓ा рдаूрд▓ो рдЖрдХाрд░рдХो рдЙрдХ्рдд рдЖрди्рджोрд▓рди рдЕрд╣िрд▓े рдЦुрдо्рдЪिँрджै рдЧрдПрдХो рдЫ। рддрд░ рдкрд╣िрдЪाрдирд╕рд╣िрддрдХो рд╕ंрдШीрдпрддाрдХा рд▓ाрдЧि рдЕрд╣िрд▓े рдкрдиि рдПрдЙрдЯा рддрдк्рдХा рдиिрд░рди्рддрд░ рд╕ंрдШрд░्рд╖рд░рдд рдЫ। ....... реирежремреи–ремрей рдХो рдЬрдирдЖрди्рджोрд▓рдирд▓рдЧрдд्рддै рдЙрдаेрдХो рдордзेрд╕ рд╡िрдж्рд░ोрд╣рд▓े рдоुрд▓ुрдХрдоा рд╕ंрдШीрдпрддाрд▓ाрдИ рдЕрд╡рд╢्рдпрдо्рднाрд╡ी рддुрд▓्рдпाрдПрдХो рдеिрдпो। рдд्рдпрд╕ рдХ्рд░рдордоा рдзेрд░ैрдХो рдЬ्рдпाрди рдЧрдПрдХो рдеिрдпो। рдд्рдпрд╕рдЕрдШि рдоाрдУрд╡ाрджी рд╕рд╢рд╕्рдд्рд░ рд╡िрдж्рд░ोрд╣рд▓े рдкрд╣िрдЪाрдирдоा рдЖрдзाрд░िрдд рдк्рд░рджेрд╢рд╣рд░ूрдХो рд╕рдкрдиा рджेрд╢рд╡्рдпाрдкी рдмрдиाрдЗрд╕рдХेрдХो рдеिрдпो। рдд्рдпो рд╕рдкрдиाрдоा рдк्рд░ाрдг рднрд░्рдиे рдХाрдо рдордзेрд╕, рдеाрд░ू рд░ рдкूрд░्рд╡рдХो рд▓िрдо्рдмूрд╡ाрди рдЖрди्рджोрд▓рдирд▓े рдЧрд░ेрдХो рдеिрдпो। ........ рдПрдоाрд▓े рд░ рдХांрдЧ्рд░ेрд╕ рдоिрд▓ेрдкрдЫि рдиाрдордХрд░рдг рдЧрд░्рди рджुрдИрддिрд╣ाрдЗ рдордд рдкुрдЧ्рде्рдпो। рдПрдоाрд▓ेрдХो рекреж рд░ рдХांрдЧ्рд░ेрд╕рдХो реиреп рдорддрдоा рд░ाрдк्рд░рдкाрдХो рем рдордд рдердкिँрджा рдЖрд░ाрдорджाрдпी рд╕ंрдЦ्рдпा рдкुрдЧ्рде्рдпो। рдпрд╕्рддो рдЕрд╡рд╕्рдеाрдоा рдлрд░рдХ рдк्рд░рд╕्рддाрд╡ рд▓ैрдЬाрди рдоाрдУрд╡ाрджी рддрдпाрд░ рднрдПрди। ........ 'рдиाрдо рдЪाрд╣िँ рдкрд╣िрдЪाрдирд╕рд╣िрддрдХो рдЪाрд╣िрдиे рдЕрдиि рднोрдЯ рдЪाрд╣िँ рдХांрдЧ्рд░ेрд╕ рд░ рдПрдоाрд▓ेрд▓ाрдИ рджिрдиे? рд╣ाрдоीрд▓े рдоाрдд्рд░ै рдХрддि рдоुрдж्рджा рдмोрдХ्рдиे?' ......... 'рдоाрдУрд╡ाрджी рдЕрдм рди рдкрд╣िрдЪाрдирдоा рдЫ, рди рд╡рд░्рдЧрдоा, рди рдХुрдиै рд╡ैрдЪाрд░िрдХीрдоा,' рдЙрдирд▓े рднрдиे, 'рдоाрдУрд╡ाрджी рдХेрд╡рд▓ рдХुрд░्рд╕ी рдЦेрд▓рдоा рдЫ। рдд्рдпрд╕ैрд▓े рдХोрд╢ी рд╣ोрд╕् рд╡ा рд╕рдЧрд░рдоाрдеा, рдЦाрд╕ рдиेрддृрдд्рд╡рдХा рдХेрд╣ी рд╕ाँрдШुрд░ा рд╕्рд╡ाрд░्рде рд╕рдо्рдмोрдзрди рднрдП рдК рд╕рд╣рднाрдЧी рднрдЗрд╣ाрд▓्рдЫ।' ...... рдХेрди्рдж्рд░ीрдп рдЧрдардмрди्рдзрдирдоा рд░ाрд╖्рдЯ्рд░рдкрддि рдЪुрдиाрд╡рд▓े рдЦрдЯрдкрдЯ рд▓्рдпाрдПрдХै рдмेрд▓ा рдоाрдУрд╡ाрджी, рдХांрдЧ्рд░ेрд╕ рд░ рд░ाрдк्рд░рдкाрдХो рд╕рдорд░्рдерди рдЬुрдЯाрдПрд░ рдиाрдо рд░ाрдЦ्рди рд╕рдлрд▓ рднрдПрдХो рдЬрд╕ рдоुрдЦ्рдпрдордирдд्рд░ी рд╣िрдХ्рдордд рдХाрд░्рдХीрд▓े рдкाрдЙрдиे рднрдПрдХा рдЫрди्। ........... рд╕рдд्рддाрд░ूрдв рдиेрдХрдкा рдПрдоाрд▓ेрдХो рдк्рд░рд╕्рддाрд╡рдоा рдоुрдЦ्рдп рд╡िрдкрдХ्рд╖ी рдХांрдЧ्рд░ेрд╕, рд╕рдд्рддाрд░ूрдв рдоाрдУрд╡ाрджी рдХेрди्рдж्рд░ рд░ рд░ाрдк्рд░рдкाрдХा рд╕ांрд╕рджрд╣рд░ूрд▓े рд╕рдорд░्рдерди рдЬрдиाрдЙँрджा рдк्рд░рджेрд╢ рдиाрдордХрд░рдг рджुрдИрддिрд╣ाрдЗрднрди्рджा рдмрдвी рдорддрд▓े рдкाрд░िрдд рднрдПрдХो рд╣ो। рд╕рднाрдоुрдЦ рдмाрдмुрд░ाрдо рдЧौрддрдорд▓े рдк्рд░рджेрд╢рдХो рдиाрдо рдХोрд╢ी рд░ाрдЦिрдиुрдкрд░्рдЫ рднрди्рдиे рдк्рд░рд╕्рддाрд╡рдХा рдкрдХ्рд╖рдоा реореи рдордд рдкрд░ेрдХो рдШोрд╖рдгा рдЧрд░ेрдХा рдЫрди्। рд╡िрдкрдХ्рд╖рдоा рднрдиे рдЬрдо्рдоा рек рдордд рдкрд░ेрдХो рдеिрдпो।

Saturday, June 11, 2022

11: VC, Russia



5/8/23 Update: Goshen (NY) puts Third World corruption to shame, thanks to greedy, corrupt, unethical lawyers like Andra Dumais. ..... I toppled a Third World dictator and German Radio called me Robin Hood On The Internet. I am not going to get intimidated by some small-town racist. Andrea Dumais is a small-town racist. ....... You are treating me worse than the people 2,000 years ago.

Wednesday, March 09, 2022

Kathryn Haun: Maverick VC





Exclusive: Why star VC Katie Haun departed Andreessen Horowitz with an audacious plan to build a $1 billion crypto investing juggernaut The a16z vet made her name with big bets on Coinbase and OpenSea. Her new venture is on track to be the biggest Web3 fund raised by a solo female VC. .

Katie Haun Seeks $900M for Crypto Funds After A16z Departure: Report Haun is aiming for $300 million for an early investment fund targeting crypto startups and $600 million for a fund focused on larger companies and digital tokens.

Crypto’s Top V.C. Is Playing the Long Game Katie Haun, a co-chair of Andreessen Horowitz’s new $2.2 billion crypto fund, is betting that the blockchain will be as big as the internet. ....... A top crypto cop turned venture capitalist is now one of the most powerful women in Silicon Valley, with more than $2 billion at her fingertips. ....... Katie Haun, who created the first federal cryptocurrency task force as a prosecutor in the Justice Department, will co-chair a $2.2 billion crypto fund Andreessen Horowitz announced this week. She is a general partner at the venture capital fund and an independent director at the crypto exchange Coinbase. Chris Dixon, also a general partner at Andreessen, will be the fund’s other co-chair. ........ A Chinese regulatory crackdown on Bitcoin is battering prices and raising questions about the value and future regulatory landscape of crypto. .............. Xi Jinping and China have made no secret of the fact that they consider crypto and blockchain a top-five national priority for China in the next decade. They’ve publicly stated this, and they are developing their own version of cryptocurrency, a digital renminbi. We know that they plan to export this, to tie trade to it, to incentivize people around the world, not just in China, to use it. ............

the tremendous staying power of a decentralized, open system like Bitcoin.

......... There’s this myth that crypto founders want the Wild West. They’re really kind of desperate for regulators to say what the rules are. It takes so much time, money and resources — specialty resources — to figure out how to navigate the morass of agencies ranging from the C.F.T.C. to Treasury, let alone the regulators in 50 different states. .......... I’m full-time in the industry with experts all around, and I can’t keep up with the pace of this technology that’s changing so fast. ............ anyone today with an internet connection and a VPN can pretty easily go access products and services that are offered in other countries. It’s incredibly hard, if not almost impossible, for the U.S. to police what’s happening overseas on offshore platforms......... Criminals are early adopters and in some ways they make great beta testers for new technology. They’re always looking for a way around the system. Frankly, law enforcement officials actually really like when payment is made in Bitcoin as opposed to fiat. I think it’s funny because as a former prosecutor, I take this for granted. There’s a real false sense of security where wires are used or traditional financial services are used. People think, “Oh, we know everything about that. So we’ll just go subpoena. The bank will give us these records and we’ll just go get the money.” That is just so far from the reality of the situation. .......... I prosecuted many of the Justice Department’s largest online money laundering schemes. In fiat systems, 99.9 percent of money laundering claims succeed. Actually, the thing that really stands out about the ransomware attacks — the Colonial Pipeline is a great example of this. It is unprecedented that the Justice Department would be able to recover the proceeds from international criminal activity so quickly. ........

One of the only things that unites Congress lately is China

, and I think U.S. policymakers and lawmakers are starting to realize that China and other countries are moving forward, recognizing that crypto and blockchain is a real priority, and that we are behind, unlike in the internet, where DARPA and the U.S. government had a hand in helping create it. ............. There’s something fundamental going on right now with the internet and culture, and I think crypto is at the epicenter. .......... A lot of people that I talk to about NFTs think, “oh, yeah, digital art.” I think it’s so much more than just about art. It’s about much more than gaming, it’s about much more than goods. It’s about this new business model for creators and bringing entirely new audiences to crypto, entirely new types like creators, sports fans and media types......... Then the third category is DeFi or decentralized finance. ......... With crypto, we think that its potential for growth is as big as the potential for the internet.






Katie Haun on the Dark Web, Gangs, Investigating Bitcoin, and the New Magic of “Nifties” (NFTs) (#499) . Previously, she spent a decade as a federal prosecutor with the US Department of Justice, where she focused on fraud, cybercrime, and corporate crime, alongside agencies including the SEC, FBI, and Treasury. She created the government’s first cryptocurrency task force and led investigations into the Mt. Gox hack and the corrupt agents on the Silk Road task force. ....... While serving as a federal prosecutor with the US Department of Justice, she also prosecuted RICO murders, organized crime, public corruption, gangs, and money laundering. She held senior positions at Justice Department headquarters in both the National Security Division and attorney general’s office, where her portfolio included antitrust, tax, and national security. Katie has testified before both houses of Congress on the intersection of technology and regulation. .......... She teaches a class on cryptocurrencies at Stanford Business School and previously taught cybercrime at Stanford Law School. ....... Katie clerked for US Supreme Court Justice Anthony Kennedy and is an honors graduate of Stanford Law School. She is a lifetime member of the Council on Foreign Relations. ....... Katie gives us a rundown of how blockchain technology both powered the Silk Road darknet market and dropped the breadcrumbs that led to its downfall — as well as the arrest of the corrupt agents who were exploiting the investigation for their personal enrichment. .......... As a federal prosecutor, Katie never lost a case. ...... While working to put violent criminals behind bars, what was the self-talk that kept Katie level-headed when risks to personal safety were of valid concern? How large are these criminal organizations, and how much reach do they have in the outside world? ........ What developments does Katie expect to see in crypto or blockchain over the next three to five years? .





From Crimefighter to ‘Crypto’: Meet the Woman in Charge of Venture Capital’s Biggest Gamble Kathryn Haun was the Justice Department's go-to prosecutor for Bitcoin-related felonies. Now she's one of cryptocurrency's most important investors. Here's why her career change is a watershed moment...... In one corner is Paul Krugman, the New York Times columnist and Nobel laureate in economics. In the other is Kathryn Haun, an accomplished federal prosecutor recently turned venture capitalist. .

Federal Prosecutor Kathryn Haun On How Criminals Use Bitcoin -- And How She Catches Them . The first time federal prosecutor Kathryn Haun heard about Bitcoin was when someone asked her if she’d like to prosecute it. ....... The assistant U.S. attorney for the U.S. Department of Justice in San Francisco, who had previously focused on organized crime, prison gangs and murders, very quickly realized that wouldn’t be possible — that it would be like “trying to prosecute cash,” but it set her off on a path of discovery. She is now also DOJ’s digital currency coordinator, teaches Stanford Law School’s first class on digital currency and cybercrime, and, last year, put away two federal agents who tried to steal more than $800,000 in bitcoin. ......... begins with her being tipped off by an investigative journalist about one of those agents ....... when I started looking into this matter, I was doing it from the perspective of, I want to clear this person’s name, but I quickly learned that wasn’t going to be the result.” ........ She describes how she uncovered what were actually “the perfect criminals” — being federal agents, “they knew how to cover their tracks,” she says. ......... she was able to follow the bitcoins, how tracking those patterns revealed to her that there were two dirty federal agents, not one, and what telling detail led her to suspect the second must also be a federal agent. ........ she thinks it would be particularly revolutionary in the area of public records. “Of all the kinds of cases that I’ve ever done, whether you’re talking about the Hell’s Angels, marriage fraud, the bank officer I prosecuted for impersonating dead people or the criminals I’ve prosecuted using cryptocurrency, they all have one thing in common: there’s always been, somewhere along the way, a forged, counterfeit or stolen public document — even a murder case I tried,” she says. ........ in the United States, more than 6,500 entities can issue birth certificates on 14,000 different types of forms, making it easy to counterfeit a birth certificate. “We call these ‘breeder documents’ — because they quite literally breed new identities,” she says. “You get a forged, fake or stolen birth certificate and a name, and you take that down to the DMV and you get your photo taken with that, and now you all of a sudden also have a driver’s license. You take the driver’s license and birth certificate to the passport office and now you’ve gotten yourself a passport. And all of a sudden, with these three kind of identity documents, the sky’s the limit on what kind of criminal activity you could do — you could file for fraudulent benefits from the government, you could commit some kind a terrorist offense, you could purchase weapons, you could traffic in people, you could obviously commit drug smuggling.” ............. Another problem she sees in public records is that they are kept in centralized databases, which are subject to tampering. For instance, in 2008, the city of San Francisco’s network administrator became disgruntled and changed all the admin passwords and held all the records hostage. .

LinkedIn

Biden Takes Step Toward Regulating Cryptocurrencies The president signed an executive order that will coordinate efforts among financial regulators to better understand the risks and opportunities presented by digital assets...... President Biden signed an executive order on cryptocurrencies Wednesday, in the face of “explosive growth” in digital assets.Credit... ......... President Biden signed an executive order on Wednesday that will direct the federal government to come up with a plan to regulate cryptocurrencies, recognizing their popularity and potential to destabilize traditional money and markets. ......... The order, under development for months, will coordinate efforts among financial regulators to better understand the risks and opportunities presented by digital assets, particularly in the areas of consumer protection, national security and illicit finance. ....... The order lays out a national policy for digital assets across six areas: consumer and investor protection; financial stability; illicit finance; U.S. leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation........ “We’re operating in a gray zone and in a sandbox. And time and again, someone comes into the sandbox and arrests somebody, and that’s not the best way to grow an important part of the economy.” ........ “We’ve seen a complete lack of any strategic direction or thought from the federal government for years. The industry still doesn’t know what’s a security, for example, and what’s a utility token that is exempt from regulation. Those are things that would help us.” .

Crypto-related companies and funds jump after Biden signs executive order on cryptocurrencies

Tuesday, January 14, 2020

AVC 3.0 (Newsworthy)



AVC 3.0







Netizen Has Arrived: A Link From AVC











Thursday, January 02, 2020

The VC Blind Spot

VCs are leaving a lot of money on the table by only investing in people who look like them — mostly white men. Morgan Stanley estimates that VCs could be missing out on as much as $4 trillion in value by not investing in more diverse founders.





Friday, February 08, 2019

New York City Beats San Francisco



This is remarkable.

Many of us have been connecting the dots for years. But this has come sooner than I expected.

The center of gravity for tech innovation shifted from Silicon Valley to the city of San Francisco a while ago. Silicon Valley feels rural. That is where the old companies are. Old like Google and Apple. And most engineers who work for those companies live in San Francisco, because, well, it is the city life they crave. But if it is about city life, San Francisco has nothing on New York City. Shanghai beats NYC on infrastructure, but NYC is not its infrastructure, it is its collection of people. There NYC beats Shanghai.

Already NYC was a strong number two. Then, in terms of VC money, NYC became neck and neck last year. And Amazon voted with its feet. Google has been expanding in the city for a long time.

Years ago Dennis Crowley of FourSquare made news by not moving to San Francisco. His startup did open up an office there, but he stayed put. I was unsurprised. At the time FourSquare was the NYC tech startup with the most buzz.

The next phase in innovation is about reimagining entire industries. I said so in my last article posted on LinkedIn. And NYC is a good place to be for that. It is home to numerous industries.


































Sunday, January 27, 2019

Chris Dixon @cdixon











https://medium.com/@cdixon