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5050

Understanding VCs

I saw Joe Fernandez‘ tweet a few days ago and thought “he is making an important point.” too many young entrepreneurs talk about vc’s like they’re heroes and their blog posts are scripture — Joe Fernandez (@JoeFernandez) August 19, 2016 VCs are not heroes. We are just one part of the startup ecosystem. We provide […]

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Penny Auctions

Unless you use an ad blocker, you probably notice ads for penny auction sites from time to time. They usually advertise with sketchy messages like “iPhone sold for $14.21.” They can sell iPhones such low prices because of their unusual auction system where each bid increases the auction price by only one cent. This…

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Nothing is Cheaper than Proof of Work

I previously wrote a post on proof of work (PoW) and mining . The first half generated great interest but (apparently) failed to be universally persuasive. For example, CCRG (Ethereum’s multi-million dollar funded “research” organization) consists almost entirely of academics theorizing about proof of stake (PoS) .

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The Human Cost of Tech Debt

Editorial Note: I originally wrote this post for the Infragistics blog. Head over to their site and check out the original. While you’re there, have a look at the other blog authors and their product offering. If you’re not already familiar with the concept of technical debt, it’s worth becoming familiar with it. I…