Blog

The Price Floor of Bitcoin: Bitcoin as Asset and Equity

Tom Loverro Jan 05, 2014
BusinessInsider summarized a post by Brad DeLong at the Washington Center for Equitable Growth asking the question: Placing a floor on the value of bitcoins is… what, exactly? This is an excellent question and one of the core questions that concerns many Bitcoin detractors. Bitcoin can be turned into neither jewelry nor battery, so what is it good for? Gold is useful, but is Bitcoin? Isn't that a "gotcha" for Bitcoin's utility and...
Continue Reading
Comments bitcoin

The Guide to NYC Tech

Steve Schlafman Dec 09, 2013
When I was still working at Lerer Ventures, I created the first version of The Guide to NYC Tech after dozens of people asked me the same dozen questions, over and over. What are the best co-working spaces? Which lawyer should I hire? Where are good places to take a meeting? Who are the key investors to know? How do I find out about cool events?     As much as I enjoy helping people one-on-one, I find it far more satisfying when I’m able to develop and share a...
Continue Reading
Comments

5 thoughts on Bitcoin $1,000

Adam Ludwin Nov 27, 2013
1. Bitcoin is now equivalent to 1% of the U.S. money supply (M0).* If Bitcoin triples from here, it will be worth more than Canada's currency, and will be the 8th largest currency in the world. If Bitcoin increases 10x from here, it will be the fifth biggest currency, surpassed only by the euro, dollar, yen, and yuan.** 2. Before Bitcoin, all financial innovation, including services like Visa, PayPal, and Stripe, happened on top of a complex, decades-old payments stack....
Continue Reading
Comments

What to expect before accepting the offer to become Engineer #1 at a startup

Oct 07, 2013
“It kinda sucks to be engineer #1.” That’s what a couple of my friends – engineers at Google and Bloomberg who have been following the rise of startup culture with intrigue – told me recently. They were referring to non-founder engineers, most commonly the first hire for technology businesses. Often difficult to get, the first engineer sets the tone for the rest of the development team. He or she is also often recruited without much, if any, cash in...
Continue Reading
Comments

Cisco to acquire Whiptail for $415M

Will D. Porteous Sep 10, 2013
RRE portfolio company Whiptail has entered into a definitive agreement to be acquired by Cisco (NASDAQ: CSCO). We congratulate the entire Whiptail team on this important development. The full press release is below: Acquisition Strengthens Cisco's Unified Computing System Strategy With Integration of High Performance Solid State Memory Systems SAN JOSE, CA--(Marketwired - Sep 10, 2013) - Cisco (NASDAQ: CSCO) today announced its intent to acquire privately held...
Continue Reading
Comments