The Partnership for NYC, alongside its partners at the MTA, the Port Authority of New York and New Jersey, NJ TRANSIT, and NYC Department of Transportation, launched a call for applications for the 6th annual Transit Tech Lab this week. To kick off this year’s program, the Transit Tech Lab is seeking early and growth-stage tech companies with compelling solutions to one of three local transit system challenges: Customer Experience Challenge: How can we improve customer experience by better communicating service changes, reducing delays, and augment safety and cleanliness initiatives? Resilien ..read more

Last summer I sat down with Tom Secunda, who co-founded Bloomberg LP with Mike Bloomberg, to talk about areas of shared philanthropic interest. Tom told me that academic institutions do not have access to the kind of AI/ML infrastructure that the top tech companies have and he wanted to fix that. His idea was a consortium of Universities in New York State, the New York State Government, and philanthropic donors. His vision was a large shared facility in upstate NY with state-of-the-art AI/ML infrastructure that participating academic institutions could make available to their faculty for cutti ..read more

Chris Dixon, who leads the A16Z crypto fund, and has been an entrepreneur, VC, and friend of mine for over twenty years, has written a book called Read Write Own that is available for pre-order now and will start shipping at the end of the month. Chris gave me a copy right before the holidays and I read it over the last week. I asked Chris why he wrote the book and he had two answers, one personal and one practical. The personal one is “I have focused my career on investing in blockchain networks. During the recent downturn, I felt a need to rearticulate to myself why I am doing that.”  T ..read more

As we enter 2024, the capital markets have found their footing and are moving higher. The Fed has taken interest rates as far as they want at this time and inflation has come down. It seems that a “soft landing” is likely. That is good news for the innovation economy because healthy capital markets are a necessary support system. However, optimistic capital markets are necessary but not sufficient for a healthy innovation economy. We also need innovation. The good news is we have a lot of that and more is coming in 2024. I have never seen an environment with more innovation in the forty years ..read more

Every year I put together a playlist at the end of the year with some of the new music I found and got into. Most of these songs are under the radar which is my favorite kind of music. So I hope you find something new that you like in here. USV TEAM POSTS: Nick Grossman — Dec 14, 2023 You Never Know When You’ve Had a Bad Day Albert Wenger — Dec 14, 2023 The World After Capital: All Editions Go, Including Audio Matt Mandel — Dec 13, 2023 Making Energy Programmable ..read more

I got an Oura ring a couple of years ago and have been working on improving my sleep and sleep habits ever since. For much of my adult life, I have been a poor sleeper. I have always been able to fall asleep quickly, but I have been plagued by two sleep issues. The first is waking up in the middle of the night and not being able to get back to sleep. The second is waking up early, like 4:30/5am, and being wide awake. So I’ve been working on those two things. I still wake up in the middle of the night. My Oura ring tells me that I was up from around 4am to 4:30am last night. What I’ve learned a ..read more

NYC Tech Week is next week. It will be a week filled with events for the tech sector to engage and connect with each other. A particularly great part of tech week is VC Open Office Hours. There are over 100 VC investors signed up to participate next week. Here is how it works: 1/ you select four investors (out of more than 100) that you want to meet 2/ you get up to four twenty minute meetings 3/ you discuss your idea with the investor in hopes of getting them interested enough to take another meeting 4/ nobody should expect to walk out with a commitment to invest As of this moment (Thursday m ..read more

On Saturday, September 9th, the Gotham Gal and I arrived at JFK airport after an eight-hour flight from Paris. While waiting for our luggage, I got pushed a notification in my web3 wallet that there was an NFT drop underway that I could participate in. So I clicked on the link, signed the transaction, and nothing happened (or so I thought). So I tried again. Again nothing happened. Frustrated, I turned my attention to the luggage, retrieved it, got in a car, and headed home. On the way home, I tried again a few times to no avail. It turns out that each of my failed attempts to mint an NFT was ..read more

I’ve written about this topic before. It is an important topic and I want to raise it again. Boards often discuss CEO performance without really knowing how things work inside the company. And CEOs often have very little visibility to how they are doing and what the board thinks about their performance. When you work for one person, your boss, it is typical that you will have regular catchups and at least an annual review of your performance (ideally more frequent). But when you work for a group, i.e. a Board, things can get very “squishy” leaving for a lot of guesswork and worse. Enter the CE ..read more

For many years, there were three ways to subscribe to AVC: 1/ Email – Get new posts delivered to your inbox 2/ RSS – Get new posts delivered to your RSS reader 3/ X – Follow AVC on X X revoked the API access that I was using to autopost three or four months ago. I have not been active on that service for almost a year now and have no interest in dealing with it. So if you are one of the 25.5k followers on X and want to keep getting alerted when I post, I suggest you go with option 1 or option 2 going forward. There is also a new third option that I will talk about at the end of this post. If y ..read more