In the venture capital business, we invest in startups. We want to see a dynamic internet that’s hospitable to startups. One of the reasons I’m excited about blockchains, is because I see them as a way to return us to predictable platforms, where entrepreneurs and creators can build direct relationships with their audiences. This is what the internet was supposed to be. I really worry that the way we’re headed now, there’s going to be three or four big platforms like broadcast TV in the 70s — ABC, NBC, CBS. And everyone’s going to spend their time in one of those silos. To me, that’s a tragic outcome for what was once this open, democratic network. We should be doing all we can to counter that.
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