My Talk at MIT: Beyond Finance, Considering Business and Social Impact of Blockchains

A couple of weeks ago I spoke at a conference entitled “Business of Blockchains” that the MIT Technology Review and MIT Media Lab organized in Cambridge. One of the reasons I started investing in the blockchain space 4 years ago was the rush I got learning about the tech at my first bitcoin conference –  … Read more


Posted: July 13th 2017 Comments Off on My Talk at MIT: Beyond Finance, Considering Business and Social Impact of Blockchains

Leapfrogging into the Future

We live in strange times, and sometimes it seems that the world is spinning backwards. Donald Trump is a leading presidential contender and the North Pole saw December temperatures rise above freezing without any sunlight.   As every year comes to an end, I marvel at all of the unexpected twists and turns of the year.  … Read more


Posted: July 31st 2015 Comments Off on Leapfrogging into the Future

Are Banks the Next Dinosaurs?

Last week, I spoke at The Economist’s Buttonwood Gathering in NYC about how emerging markets (and Africa in particular) are leapfrogging innovation in the financial services sector. The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on this blog, including in my thesis  … Read more


Posted: July 25th 2015 10

The Magic of Abra

One of the challenges of communicating the power of the blockchain over the past couple of years has been the absence of a “killer app”. An application on top of the infrastructure that renders the complex technology behind it invisible — and only shows a seamless, magical customer experience. Today Abra launched to the world.  … Read more


Posted: July 5th 2015 3

Billion or Bust?

I  just wrote a short piece which Quartz published today.  I’m re-posting below.  Do I think we are in a valuation bubble?  I think that later stage valuations are frothy (for reasons I explain below) while earlier stage valuations are starting to stabilize from previous highs (with the exception of the superstar serial entrepreneur)  –  … Read more


Posted: July 27th 2014 Comments Off on Billion or Bust?