Flights to Safety

Financial headlines over the past week focused on Turkey’s rapidly depreciating lira. Meanwhile many citizens there, ignoring President Erdogan’s calls to exchange gold and foreign currencies to local currency, tapped into the crypto market: “Bunyamin Yavuz, a cardiologist in Ankara, said he no longer trusts local banks and now buys XRP, monero, lumens, among other  … Read more


Posted: August 14th 2018 None

Dog Days of Summer

As the United States celebrated its Independence Day on July 4th, several jurisdictions around the world, including South Korea, Bermuda and Malta, passed legislation to support crypto assets and virtual currencies. Of these, South Korea’s appears the most detailed by providing a classification scheme as a framework for regulation. This is the most sophisticated understanding  … Read more


Posted: July 6th 2018 None

Crypto is Global

Cryptocurrencies lost over $250B of value last week as more regulators around the world issued guidance. Unfortunately much of the press coverage missed the mark, with many headlines claiming that India was banning cryptocurrencies. Indian Finance Minister Arun Jaitley, during annual budget conversations, reiterated that bitcoin was not legal tender, and that the government would  … Read more


Posted: February 4th 2018 None

Futures Launch

This evening bitcoin futures will start trading on the CME. While trading has been light on the CBOE after last Sunday’s launch, after briefly crashing the CBOE website upon launch, the CME product will likely have heavier volume as it is geared towards more institutional investors. We did see another Bitcoin price increase, to over  … Read more


Posted: December 17th 2017 None

Disrupting VC

As a venture capitalist, I am always looking for highly innovative, disruptive businesses. Ones that challenge the status quo, that aim to make a significant difference in the way we do and look at things. When I left Omidyar at the end of last year to move back to NYC and start my own fund,  … Read more


Posted: July 9th 2012 2

Web 3.0+: The Hyperconnected Global Internet

The title of this blog comes from a presentation I did at last year’s Web 2.0 conference in NYC, in September 2010. I overviewed the growth of the global internet and penetration, noting that the future of the Web was going to be driven by emerging countries, as mobile connectivity continues to be more ubiquitous  … Read more


Posted: July 18th 2011 3

NYC 3.0

Now that I’m back full time in NYC, I decided to run for the Board of NY Tech Meetup, a dynamic community of 20,000 entrepreneurs, investors, developers, designers and people interested in tech.  Founded in 2004, it has grown in leaps and bounds along with NYC’s tech sector.  My view is that it’s time to  … Read more


Posted: July 6th 2011 None

A Glimpse: My American Dream

When I looked at my inbox this morning, I had emails from six organizations I have advised/worked with over the past couple of years (including Astia and Techstars) announcing their partnership with the White House’s Startup America initiative. And, lest I for a moment forgot that I am living the American dream, thanks to parents  … Read more


Posted: July 1st 2011 10

Immigrants and the Startup Visa

About a month ago, I was honored by the Asian American Development group, a nonprofit organization based in NYC, as one as a Top 50 Asian American in Business. The room was filled with inspiring young leaders throughout the country, including Tony Hsieh, CEO of Zappos, most of whom were first or second generation immigrants.  … Read more


Posted: July 10th 2010 1

a new dawn…

A year ago, I registered this domain with the intent of starting a blog but life intervened and I never got around to it.  Back then I don’t think any of us could have envisioned the different reality we live in today.  Since the beginning days of the financial crisis I have maintained that the  … Read more


Posted: July 2nd 2009 None