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Esther Dyson

Author • Investor • CourtjEsther

In the Pool with Esther

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Dive into what's on Esther's mind: thoughts on AI, technology, health, investing, and whatever else she might be thinking of in the pool. Delivered every other Tuesday.

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Coming Spring 2027

Term Limits: Time and scale in the age of AI

Esther's highly anticipated second book explores how we understand and manage our finited time in an era of obsession with artificial intelligence and unlimited growth. Published by MIT Press.

MIT Press • Spring 2027

Book Cover
Coming Soon

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You can email me at edyson using this site's domain name.

Investments & Board Seats

These lists are as accurate as possible, but startups tend to change their structure, status and even names over time. Happy to receive updates/corrections from anyone involved!

* publicly traded companies

Investments plus Board Seats

Avanlee Care (chair) BAMF Health Medesk PressReader (formerly NewspaperDirect) *SWVL

Health Investments (many using AI)

4D Healthware Abridge.ai Alden Scientific Applied Proteomics Big Health Cherish Health Circadia Circadian-OS *Clover Health Crohnology Devoted Health Eligible Epernicus/Trial Networks Function Health (through acquisition of Ezra) Genomera GeriJoy Hawthorne Effect HealthEngage Health Loop HealthRally HealthTap *Hinge Health (through acquisition of Enso Relief) Ilara Health (Africa) Keas *LB Pharma Litmus Health Lucidify Medesk (Russia → UK) MedicalAlgorithmics Medivo Nanowear Neurogeneces New Life Solution (through acquisition of MeQuilibrium) Nuna Health Nurture Health *Omada Health Patients Know Best (UK) Praava Health (Bangladesh) Rasello (Tanzania) Resilient Networks Systems Shotsy Solera Startup Health (started as Organized Wisdom) Supportiv Tocagen Valkee (Finland)

Tech/AI Investments

AdKeeper *Alphabet (formerly Google) Amicus *Block (formerly Square) *Bloom Energy Cognitive Match Crowdbooster Daivergent Devpost *EPAM ESAI.ai *Eventbrite Factual Fancy Flattr Fluidinfo GoodData GOQII *Grasshopper Bancorp GridPoint / 21st Century Utilities Ji Grahak Mobility Solutions Knack LeDunia (Kenya) Linkstorm Linqia Litmus Health *Nebius Nomanini Oradian (Croatia) PressReader (Canada) RallyPoint School Loop Skygrid Sojo Studios Sparked Technorati Trusted ID *Uber (via acquisition of Social Bicycles) *UIPath You.com Zedo Zeta *Zillow

Other: Aerospace/Logistics/IRL Investments

Agritecture Icon Aircraft (acquired) LensDetect Makhers Studio *Voyager Holdings (via acquisition of NanoRacks) Space Adventures *SpaceX Trella WorldView ZeroG

Current Nonprofit Boards

Charity Navigator ExpandED Schools IT History Society The Commons Project (chair)

Past Boards and Investments (selected)

Board Seats (past)

23andMe (left before SPAC/IPO, ultimately acquired by founder) Eventful.com (acquired by CBS) Evernote (acquired by Bending Spoons) IBS Group (transferred my role to Swiss subsidiary Luxoft, left when acquired by DXC Technology) Medscape (now owned by WebMD) Meetup Inc. (acquired by WeWork; now owned by Bending Spoons) Proofpoint (met my own term limits) Voxiva (acquired by Welltok) WPP Group (exceeded term limits, served 2000-2014) XCOR Aerospace (filed for bankruptcy) Yandex (resigned early 2022) and its non-Russian successor Nebius (NBIS) (2023-2024)

Closed Investments (Selected)

Airship Ventures (RIP) Brightmail (acquired by Symantec) Boxbe (acquired by eDataSource) del.icio.us (acquired by Yahoo!) Dopplr (acquired by Nokia) Dotomi (acquired by ValueClick) Dulance (acquired by Google) Facebook (IPO; sold mostly to fund Wellville) Fathom Technology (acquired by EPAM) Flickr (acquired by Yahoo!) Flourish Labs (dissolved) Graphisoft (acquired by Nemetschek) Jana (closed) Kurbo (acquired) LinkedIn (acquired by Microsoft) Mashery (acquired) Medico (acquired by Everyday Health) Medspace (now part of WebMD) Medstory (acquired by Microsoft) MeQuilibrium (acquired) MetaCarta (acquired by Nokia) Nest Health (dissolved) Netbeans (acquired by Sun Micro) Nickels (dissolved) ParaGraph International (acquired by Silicon Graphics) Payperks (closed) Plazes (acquired by Nokia) Postini (acquired by Google) Powerset (acquired by Microsoft) RealTravel (acquired by Uptake) Sugarwork (acquired by DECIDR) Vizu (acquired by Nielsen)

Russian Investments (past)

AlterGeo Ostrovok Scala TerraLink VitaPortal Yandex Zingaya

Get In Touch

You can email me at edyson using this site's domain name.

Books

Upcoming

Term Limits: Time and scale in the age of AI

Due out in Spring 2027 by MIT Press

Published

Release 2.0 Book Cover

Release 2.0: A Design for Living in the Digital Age

View on Amazon

Get In Touch

You can email me at edyson using this site's domain name.

Esther Dyson

About

I am an investor (see full list), journalist, author, commentator, and philanthropist.

Over the years I have learned, earned, and served in many sectors and places, including more than 90 countries. My activities cover a variety of areas – many intersecting (partial list below). I write about some of these areas on my Substack, called "In the Pool with Esther."

Currently, I'm busy finishing my second book, "Term Limits: Time and scale in the age of AI," due out early in 2027 from MIT Press.

EDventure.com used to refer to my company EDventure Holdings, which my business partner Daphne Kis and I sold to CNET back in 2004…with the caveat that I got to keep the name. (It's a pun using my initials, though there's a subtle hint of EDitor and EDucation as well.)

My areas of interest include:

Health and IT: I'm optimistic about the potential of IT/AI to improve human health, most of all by reducing administrative and operational friction and thereby allowing humans to earn more money by delivering human care at scale in a system that supports rather than constrains that work. Yes, that's still a bit aspirational and it's hard to find companies that actually do that sustainably. So I'm also an investor in a variety of non-predatory health companies that help by involving individuals in maintaining their own health and by improving the delivery of care and treatments and the institutions that provide it. My activities here include past board seats with 23andMe, Voxiva and numerous other investments, as well as my role as the third of ten initial research subjects in George Church's Personal Genome Project (along with a seat on its board). Currently I'm board chair of Avanlee Care (supporting caregivers of Medicare Advantage patients) and of the non-profit The Commons Project, and an active investor in a variety of players in mental health, neurotech, pharma, and digital health.

Emerging markets: I started traveling in Central and Eastern Europe in 1989, and that's where I first started angel investing (to avoid the conflicts of investing as a journalist in the US). I now have investments in several companies in the region. I speak Russian and I have a certain affinity for the country's people (though my heritage is farther west, according to family records and to 23andMe). More recently, I have spent a lot of time in eastern Asia and India, and now in Africa. I have visited 90+ countries overall - and seen way too many failed governments along with some more hopeful trends in other places.

Wellville: Wellville was a 10-year nonprofit project operating in five small US communities: Clatsop County, OR; Lake County, CA; Muskegon County, MI; North Hartford, CT; and Spartanburg, SC. I founded, funded, and volunteered for it. Its impact lives on - and with the many people inside and outside those places who are continuing to cultivate their own sustainable social fabric in many different forms. You can read much more about Wellville at its own website. Unlike most of my interests and projects, Wellville had a clear beginning and end (2013-2024)…. In some complex way, that fact led to my musings about term limits and ultimately the book on "term limits" I am now completing.

Non-profits: Generally, I prefer to do good through sustainable, profit-making enterprises (which come with a lottery ticket attached), but there are some things companies simply can't do, such as fighting corruption and fostering transparency and the rule of law around the world. Organizations I support include The Long Now Foundation, The Commons Project, The Sustainable Media Center, and ExpandeED Schools.

Logistics, insurance, nitty-gritty: The first company I ever worked with as an analyst (for New Court Securities, 1977-80) looked like an impending disaster: $100 million of capital spent, now raising a down round at a valuation of $15 million, before earning its first revenues. Its name? Federal Express. I loved the way it reimagined the overnight courier business, and shifted gradually from simplicity - unlike couriers and passengers, packages didn't mind the overnight stopovers in its Memphis hub - to complexity, when computers made dynamic scheduling and more efficient routing possible. I love watching how things work, how you need to balance efficiency with a bit of slack to manage exceptions and how to match brilliant design to complex reality. In addition to SpaceX, where careful manufacturing matters as much as clever software, my investments include SWVL, an Egyptian-born company providing fleet management software and services for human passengers in the Middle East and elsewhere; and Trella, a tech-enabled shipping company in the Middle East and Africa. Then there's MakhersStudio, based in Atlanta, GA, which re-purposes shipping containers into cost-effective worker housing and retail units. And finally, I love insurance that does not just price and spread risk, but that actually reduces it. The latest iteration of this interest is my investment in LensDetect.com, which applies AI to monitor highway cameras and summon rural police when conditions warrant - not just crashes, but also real-time risks like falling trees that may cause crashes.

Air/Space 2.0: Likewise, I'm active in fostering the emergence of start-ups in commercial space flight. I have flown weightless six or seven times. My favorite credential is my 2009 certificate of completion from the Yuri Gagarin Cosmonaut Training Center outside Moscow, where I spent six months training as a backup cosmonaut. (More about that in my next book, Present Without Leave.) I have a vague intention to retire on Mars, with its gentle 40% of Earth gravity (easy on aging bones) - but not too soon! It's not my life's ambition, but more a good way to end it when I hand my tasks on Earth over to the next generation.

What I want on my epitaph: "I wasn't done yet! There is still more to learn and to fix... but over to you!"

[ED note: Second half prompted by writing "Term Limits."]

Biography

Esther Dyson is an investor, journalist, author, commentator and philanthropist. She is the author of two books, including the upcoming "Term Limits: Time and scale in the age of AI," due out in Spring 2027 from MIT Press. She also writes a biweekly Substack, "In the Pool with Esther."

Throughout her life she has devoted herself to exploring various "bubbles": seeing what people inside bubbles take for granted, and trying to open their - and her own - eyes to broader perspectives. She speaks four languages - Russian, French, German, and English - and believes that being multilingual is a key advantage in our complex world. She likes to quote AI pioneer David Waltz: "Words are not in themselves carriers of meaning, but merely pointers to shared understanding."

Esther grew up in a bubble herself, at the Institute for Advanced Study in Princeton, NJ. Her parents met there as post-docs in the late 40s. They returned to Europe; Esther was born in Zürich, Switzerland. Her parents returned to the Institute in 1952, her British father Freeman Dyson now as a faculty member reporting to Robert Oppenheimer, and her Swiss mother as a wife. Freeman loosely anticipated today's notion of data centers in space in a 1960 Science Magazine article called "Search for Artificial Stellar Sources of Infrared Radiation," which posited that the best way to find alien intelligence would be to look for excess infrared energy leaking from a loose shell of orbiting solar-ray collectors that such a civilization would construct around its star to capture most of its energy. That crazy idea soon got the name "Dyson Spheres."

Esther's career has taken many twists, but all sit within her Venn diagram of interests in IT/AI, economics and writing, plus the trajectories of civilizations, companies, markets, governments, spacecraft, and yes, human lives.

From 2013 to 2024, she was founder of and a volunteer for Wellville, a nonprofit project focused on helping five small US communities build their own sustainable community fabric.

From 1983 through 2006, she (and CEO Daphne Kis, who joined her in the mid-80's) owned and operated the annual PC Forum conference and published the influential Release 1.0 newsletter, which analyzed the effect of emerging technologies and markets on organizations, economies and societies. From 1990 to 1995, they also ran a conference (the East-West High-Tech Forum) and newsletter (REL-East) that focused on the tech industry in Eastern Europe and Russia. And for a few years in the early 2000s, they also produced the Flight School conference, for the air-taxi and commercial spaceflight industries. They sold the whole business to CNET in 2004.

Esther is a board member and angel investor in a variety of start-ups, mostly in online services, health care and medicine, logistics, artificial intelligence, emerging markets, and space travel. From 1998 to 2000, she served as founding chairman of ICANN, the Internet Corporation for Assigned Names and Numbers. She has served on the boards of nonprofit organizations including Bridges.org, the National Endowment for Democracy, the Eurasia Foundation, The Long Now Foundation, StopBadware, and the Sunlight Foundation. She was previously a member of the Global Business Network. She also sat on the board of the Personal Genome Project, and was its third research subject. You can find her full genome on the project website.

Her first book, "Release 2.0: A Design for Living in the Digital Age" (1997), explored the impact of digital technology on every aspect of our private and public lives.

Earlier in her career, Esther worked as a fact-checker and then a reporter at Forbes (1974-77), followed by a five-year stint as an analyst on Wall Street (1977-82). In 1983, she bought Rosen Research from her employer Ben Rosen. She renamed the company EDventure Holdings and his Rosen Electronics Letter newsletter RELease 1.0 [sic for the first few years, in honor of the original's initials].

Esther trained for six months at the Yuri Gagarin Cosmonaut Training Center in Star City, Russia, as a back-up for spaceflight participant Charles Simonyi's March 2009 trip aboard the Soyuz TMA-14 to the International Space Station. She has taken seven parabolic "weightless" flights.

She received her BA in economics from Harvard University, though she spent most of her time at The Harvard Crimson, where she proofread for money and wrote for free.

Get In Touch

You can email me at edyson using this site's domain name.

Archives

Featured Articles

Aenne Burda Award Bestowed on Esther Dyson

January 25, 2009

"The award is presented to women in the media who successfully implement their extraordinary visions."

Flight School: Weightless at last!

January 21, 2009

"Being weightless is tremendous fun. You really are flying. The amazing thing is that it does not feel amazing. It feels natural."

The Quantification of Everything

September 17, 2008

As we drown in information, we try to make sense of it. Just as economists measure us en masse, we can now measure ourselves one by one ... and it is insidiously fascinating.

The Coming Ad Revolution

February 11, 2008

My op-ed piece in the Wall Street Journal.

See Also

Bits, Bands and Books

June 6, 2008

Paul Krugman op-ed in The New York Times.

"The predictions of '90s technology gurus are coming true more slowly than enthusiasts expected — but the future they envisioned is still on the march. In 1994, one of those gurus, Esther Dyson, made a striking prediction: that the ease with which digital content can be copied and disseminated would eventually force businesses to sell the results of creative activity cheaply, or even give it away."

Get In Touch

You can email me at edyson using this site's domain name.