In Praise of Professional Venture Capital

It’s become fashionable among some entrepreneurs, and even some venture capitalists, to badmouth the venture capital industry. The industry certainly has many flaws. But to paraphrase Winston Churchill, venture capital is the worst method for financing scaling startups except for all the others. One of the conversations I had with Wences Casares (founder and CEO of Xapo), during…

Wences Casares (Credit: Jonathan Sprague / Redux Pictures)

Chile, Entrepreneurs, Endeavor, and Global Lessons

Silicon Valley can frequently be too provincial in its views of entrepreneurship, strategy, and markets. Part of why I’m on this trip with Wences Casares (founder and CEO of Xapo) is to learn (and share) a broader view of entrepreneurship, where the strategies of Blitzscaling can be applied outside of Silicon Valley and China, and participate in Endeavor’s critical global mission for…

Callisto

Our Investment in Callisto

As has been reported and documented, sexual coercion, harassment, and assault have unfortunately become the experience of many women and women founders in tech. In June of 2017, I published “The Human Rights of Women Entrepreneurs” (fka #DecencyPledge) as a response to news media reports of sexual harassment and assault in the venture capital industry.…

Our Investment in Entrepreneur First

Today, I am excited to announce our investment in Entrepreneur First.  At Greylock, our mission has always been to back and support entrepreneurs who are building disruptive, market-transforming consumer and enterprise software companies. We focus on early stage startups and help scale their ideas on a global scale. By investing in EF, we are both investing…

The Future of the Bitcoin Ecosystem and “Trustless Trust” – Why I Invested in Blockstream

Bitcoin is often characterized in the media as a volatile virtual commodity that can optimize speculation even more efficiently than gold, securitized subprime mortgages, or tulips. That’s not how I think about it. For me, Bitcoin is a transformative addition to Internet communication protocols that will create new networks of trust, fuel massive economic ecosystems,…