623 karma · joined October 22, 2015
[1] https://news.ycombinator.com/item?id=13844765
[2] https://www.investopedia.com/ask/answers/12/difference-inves...
https://medium.com/@492727ZED/dexamethasone-announcement-cou...
[1] https://www2.lbl.gov/LBL-Programs/lifesciences/BissellLab/ma...
[2] http://www.google.com/patents/US7987191
[3] https://www.nasa.gov/ames/research/space-biosciences/for-res...
Andreessen and friends see this too https://www.cnbc.com/amp/2019/05/10/sec-approves-new-silicon...
Pitchforks and funding purism aside (forget about blockchain debates), crypto assets are here to stay. They're the new publicly traded vehicles and function as a way for new startups to raise capital from new truly global 'capital markets' along with being a valuation metric. a16z figured this out. They knew what happened with facebook in SecondMarket [1] and also knew the largest upside in shareprices (aka IPOs/exits) are dictated by a public market marketplace, not with private startups.
Factor what Fidelity with $6T AUM has already released in rolling out global crypto services [2].
Separate crypto, as a capital raising vehicle and trading vehicle, from 'blockchain' and then it all begins to make sense. Real scientific and technical due diligence will help too [3].
[1] http://fortune.com/2012/05/18/facebooks-pre-ipo-pricing-hist...
[2] https://www.coindesk.com/coindesk-most-influential-blockchai...
[3] https://medium.com/@492727ZED/vectorspace-ai-due-diligence-d...