In a 1990 documentary for the Library of Congress, Steve Jobs said, “What a computer is to me is it’s the most remarkable tool that we’ve ever come up with, and it’s the equivalent of a bicycle for our minds.” Jobs was referencing a Scientific American study that compared locomotion…

25 years ago, renowned author William Gibson said that “the future is already here — it’s just not very evenly distributed.” Over the ensuing decades, technology has transformed the daily lives of millions, but that quote is often interpreted to mean that inequalities in access and availability have prevented those…

Finding the shortest path from data to applications — The ascent of mobile and cloud computing has created an explosion of data types and data sources. We can now track real time data from our cars, phones, toasters, and combine that with customer information and transaction data. Unfortunately, even with all the open source tools and cloud services that…

Our Seed and Series A Investments in Notable Health — When my colleague Saam Motamedi and I heard that Pranay Kapadia, Justin White, and Adam Ting decided to start Notable Health, Greylock was lucky enough to have the opportunity to become one of the first investors in the company when we led the seed round last December. Health care is…

VC investment in any startup requires taking strategic risks. Every investor evaluates and understands the type of risk and what level of risk they are willing to underwrite and at what price. I personally break risk down into three categories: possibility, probability, and uncertainty. Possibility, probability and uncertainty are applied…

Founders and CEOs often ask me, “How do I build a defensible business model?” Strong defensive moats around your company are required to build a sustainable and profitable business. Building these moats is a difficult challenge for today’s leaders due to dramatic platform innovations. Earlier this year I explained why…

Over five years ago, before I joined Greylock, I was invited by several friends to angel invest in a smart phone app testing service called Appurify. Two short years later, Google acquired Appurify to build a cloud service for mobile developers. During the Appurify journey, I had the chance to…

In 2016, there was more than $2.1 trillion dollars in mortgages issued in the U.S. alone. Despite the staggering size of the mortgage market, it still runs on decade old technology and processes. As anyone who has ever applied for a mortgage can tell you, applications are completed using pen…

Why Systems of Intelligence™ are the Next Defensible Business Model —