It would be hard to think of worse system for incentivizing founders than the one used by many of today’s top ICOs. As an angel investor and startup advisor, I have seen the how the venture world works and think blockchain is building itself on a house of cards. It isn’t a question of if,...
As an angel investor, I am always looking for transformational businesses. And marketplaces are arguably one of the strongest and most time-tested business models of all time. From early Rome and milenia earlier, merchants conducted commerce in markets. Thanks to efficiency gains for both buyers and sellers, the market thrived. Sellers could set up shop...
The blockchain build up is eerily reminiscent of the Dotcom era – inexperienced founders with only an idea raising absurd amounts of money to build a product and take it to market. We all remember how that turned out. Things went up, things blew up, and later things went up again. This time is no...