FTX, Tokenomics And Lawyers As Gatekeepers

Financial media and market participants are following closely the FTX implosion and bankruptcy. Sufficient ink has been spilled on the timeline of events, and the fraudulent actions of FTX, Alameda Research, and their leaders, especially founder Sam Bankman-Fried. I won’t repeat that work here. But, I don’t think sufficient attention is being given to how […]

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AI And The Future Of Work

For two primary reasons, the manufacturing industry in the United States shrunk significantly in the last 50 years. First, as globalization took root, it became cheaper to manufacture in low-wage developing countries. Second, technology slowly and steadily automated more and more manufacturing processes. The implications for the communities in “middle America” that were traditional manufacturing […]

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Venture Capital Valuations

I follow @howardlindzon on Twitter. He’s an entrepreneur and runs a successful seed stage investment firm, Social Capital. He’s a student of markets and has a great sense of humor. Makes for a fun and worthwhile follow. Howard is currently beating the drum that seed/early stage valuations have not yet caught up the reality of […]

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Lake Swimming

Yesterday I swam in Lake Washington for just the third time this year. I need to do more of this. The experience itself was amazing. It was a warm, blue sky day in Seattle and the water temperature was perfect – warm enough to be comfortable, but cool enough to provide vitality to my body. […]

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A Leaked Opinion

On May 2, 2022, the news website Politico published a leaked draft United States Supreme Court opinion in The State of Mississippi vs. Jackson Women’s Health Organization. The draft opinion, written by Justice Alito, would if published overturn Roe vs. Wade, the 1973 decision that provided constitutional protection to a woman’s right to have an […]

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