You are still incredibly early to the space. Most people in the world don't hold any crypto nor do they even know what it is.
Many famous investors and entrepreneurs who came to Silicon Valley in the early 1990s thought they had "missed it." Everything up until now is a sunk cost. Operate accordingly.
I can personally attest that Sam helps out all the companies I've seen that ask, whether or not it helps him in any way. That sort of person is rare in the ecosystem and should be celebrated, not questioned like this. We're attacking him for being honest and giving full disclosure? Really?
The obvious parallel one could draw here is Ron Conway -- these folks help startups because they can, not because they're profiteering. The suggestion is almost offensive given what Sam has done here, which I don't think most people would have had the guts to do. I doubt any legal counsel would have suggested he post this, anyway.
Few folks put in more time, energy, and effort than Sam does to help startup founders, and I think that's partially how he's built up such a world-class reputation.
Sam is making a bold move here with this blog post, given the case. We should be celebrating him doing the right thing here. A lot of folks wouldn't want to publicly touch a topic like this given the legal case.
Any startup would be lucky to have his help, and he's probably the most gracious and helpful person in the startup ecosystem you'll be lucky enough to meet. The fact he's been an investor in the past is, I suspect, more a byproduct of the fact he meets with so many startups as he does. If you spent all day meeting with hedge fund managers, for instance, you'd likely end up being an LP or advisor for at least a couple of them. That doesn't affect the quality of your hedge fund decisions or advice.
Sam has helped me when he had no vested interest in doing so, and I'll always be grateful for that.
Bram Cohen's comment on this story: "The really misleading spin is the claim that mobile is taking over computers. The actual numbers in that report indicated that smart mobile has basically killed off dumb mobile, but only had a modest negative impact on regular computers."
At Scribd we initially used EC2 for systems like converting uploaded documents to HTML5 (the capacity we needed varied a lot over short time spans due to things like variable API usage). Meanwhile, the app and web servers (and many others) lived at Softlayer (still the "best-looking horse at the glue factory" for managed hosting, IMHO).
this reminds me of how even fulton, the author of the ruby way, made a critical mistake in "the ruby way" 1st edition (fixed in 2nd edition) and matz chimed in saying " "Don't modify the receiver while you are iterating
over it." http://www.justskins.com/forums/collect-with-block-modifying...
