Scale is All You Need?
Progress in artificial intelligence has come in the form of a bag of tricks, some of which have proven to be unreasonably effective: word embeddings as a way of representing semantic similarity; the attention mechanism for contextualization; self-supervised learning on [...] Read more
Doubling Down on Onchain Publishing with Paragraph
Today, we're thrilled to announce our investment in Paragraph, the leading platform enabling onchain publishing. Paragraph is joining forces with our portfolio company Mirror, which first defined many of today’s onchain publishing primitives. View the full post on Paragraph. Read more
Our Investment in Anon
In the original designs for the World Wide Web, there was a clear line drawn between the services people interacted with (websites), and the software they used to access those websites (browsers). An important distinction was that while the websites [...] Read more
The Primitives Protocol
For over a decade now, USV has been eagerly anticipating the emergence of “Web3” alongside “crypto”. What we mean by this is that while blockchains and crypto assets are still viewed by the world at large as financial technologies, they [...] Read more
Blixt
Existing electrical infrastructure is ill-suited to our current needs. It was developed for a world where we simply sent firm AC power from centralized power plants to end-customers. Today, however, electricity flows multi-directionally, as both AC and DC, and more [...] Read more
The Fragmentation of Search
The market structure for Search is currently being reshaped. Horizontal and LLM-based “search agents” like ChatGPT and Perplexity are placing unprecedented pressure on search engines like Google. Cracks are beginning to form, from which new possibilities of search are rapidly [...] Read more