Aspect Ventures co-founder Jennifer Fonstad talks with Recode’s Kara Swisher about how venture capital works in 2018, when Silicon Valley entrepreneurs have access to more money from more sources than ever before. But that that money is not spread out evenly, Fonstad says: There’s a lot of very early “seed” dough, and a lot available to help succeeding companies grow bigger, but not enough to help them cross the “chasm” in which so many startups fail. She also talks about her 17 years as an investor at Draper Fisher Jurvetson, why Aspect is betting on the “picks and shovels” of the blockchain instead of currency, and why she’s excited about data-driven advances in health care. Learn more about your ad choices. Visit <a href="https://podcastchoices.com/adchoices">podcastchoices.com/adchoices</a>

Recode Decode: Can an alt-weekly newspaper survive in 2018?

Decoder is a show from The Verge about big ideas — and other problems. Verge editor-in-chief Nilay Patel talks to a diverse cast of innovators and policymakers at the frontiers of business and technology to reveal how they’re navigating an ever-changing landscape, what keeps them up at night, and what it all means for our shared future.