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My dad thinks about the Singularity. I think about restaurant point-of-sale systems. Both are trying to improve the human condition.
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The best opportunities in venture capital are in industries that VCs consider boring. Boring is where the money is.
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Toast proved that restaurants — the most analog industry in America — were ready for a complete digital transformation.
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Small businesses are 99% of American companies. Serving them at scale is one of the biggest opportunities in tech.