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4747

Options vs. Cash

I often talk to startups that claim that their compensation package has a higher expected value than the equivalent package at a place like Facebook, Google, Twitter, or Snapchat. One thing I don’t understand about this claim is, if the claim is true, why shouldn’t the startup go to an investor, sell their options for…

4753

ICOs and VCs

The Brave browser team concluded an ICO for their Basic Attention Token yesterday in about thirty seconds. This led to this tweet: The Basic Attention Token (BAT) ICO just raised 30 million dollars in 24 seconds. VC’s didn’t even have time to put on a sweater vest. — briantobal (@briantobal) May 31, 2017 Of course…

4761

Better than Free (2008)

[I’ve revised and condensed this short essay into an updated version, which you can read on my Substack here: https://kevinkelly.substack.com/p/better-than-free] The internet is a copy machine. At its most foundational level, it copies every action, every character, every thought we … Continue reading →