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I’ve always been interested in investing in companies and founders who take an old, staid technology category and turn it on its head, often reinventing an entirely new category (and inventing new behaviors) in the pro...
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0/ One view in crypto is that a single blockchain (like Bitcoin or Ethereum) will someday emerge victorious and proceed to dominate all use cases. I disagree. It’s more likely that many networks will emerge as winners ...
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This post explores the differences between software tools and services; how the stateful nature of software services led them to be closed; and posits how crypto networks can catalyze a new era of open services that reig...
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At a16z crypto, we’ve talked a lot about how crypto networks are analogous to cities in that both cities and crypto networks benefit from bottom-up growth on top of shared infrastructure.
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watch time: 36 minutes
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“The rules of the game are different in tech,” argues — and has long argued, despite his views not being accepted at first — W. Brian Arthur, technologist-turned-economist who first truly described the phenomenon of “positive feedbacks” in the economy or “increasing returns” (vs. diminishing returns) in the new world of business… a.k.a. network effects. A longtime observer of Silicon Valley and the tech industry, he’s seen how a few early entrepreneurs first got it, fewer investors embrace it, entire companies be built around it, and still yet others miss it… even today. In this hour-long episode of the a16z Podcast, we (Sonal Chokshi with Marc Andreessen) explore many of these questions with Arthur. His answers take us from “the halls of production” to the “casino of technology”; from the “prehistory” to the history of tech; from the invisible underground autonomy economy to the “internet of conversations”; from externally available information to externalized intelligence; and finally, from Silicon Valley to Singapore to China to India and back to Silicon Valley again. Who’s going to win; what are the chances of winning? We don’t know, because it’s a very different game… Do you still want to play?
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APIs (application programming interfaces), observe the guests in this episode of the a16z Podcast, can be described as everything from Lego building blocks to Tetris to front doors to even veins in the human body. Becau...
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watch time: 18 minutes
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It’s a common nightmare for programmers to come in late to a project or organization and then have to make sense of a complex “spaghetti mess” of code created over the previous 10 years — a technical debt th...