USV Blog http://www.usv.com en-US hourly 1 Fat Protocols None https://www.usv.com/blog/fat-protocols 2016-08-08 09:35:49.299000 @jmonegro https://www.usv.com/blog/fat-protocols

@jmonegro:

Here's one way to think about the differences between the Internet and the Blockchain. The previous generation of shared protocols (TCP/IP, HTTP, SMTP, etc.) produced immeasurable amounts of value, but most of it got captured and re-aggregated on top at the applications layer, largely in the form of data (think Google, Facebook and so on). The Internet stack, in terms of how value is distributed, is composed of "thin" protocols and "fat" applications. As the market developed, we learned that inv...]]>
USV Opportunity Fund, circa 2016 None https://www.usv.com/blog/usv-opportunity-fund-circa-2016 2016-07-18 09:27:38.606000 @aweissman https://www.usv.com/blog/usv-opportunity-fund-circa-2016

@aweissman:

Over five years ago USV launched its first “Opportunity Fund” - a pool of capital meant as a complement to the core activities of our early stage funds. A few years thereafter, in 2014, we raised a second Opportunity Fund. Both of those funds have been continuously active. In light of making our first investment in our 2016 early stage fund, we thought this would be a good time to take a look back (and forward) at this investment strategy. To date, the Opportunity Funds have invested in 15 compa...]]>
Payjoy None https://www.usv.com/blog/payjoy 2016-07-12 19:07:54.062000 @johnbuttrick https://www.usv.com/blog/payjoy

@johnbuttrick:

Sometime in the late 90s I picked up my first mobile phone, a Motorola StarTAC. The sound quality wasn’t great but it was a radical change to no longer be tethered to a wireline. Next up was the Blackberry, which combined voice with email, and quickly became the device of choice for many. Then, in 2007, the iPhone was released and the smartphone era began. Today I use a Google Nexus 6P, and it’s hard to imagine living without a smartphone. My guess is I use at least 10 different applications eve...]]>
USV 2016, LP None https://www.usv.com/blog/usv-2016-lp 2016-06-22 06:41:21.191000 @johnbuttrick https://www.usv.com/blog/usv-2016-lp

@johnbuttrick:

This week, we will close our first investment in USV’s 2016 fund, which has total capital commitments of $175 million, the same size as our 2014 fund. This will be USV’s fifth early-stage fund. We continue to make new investments in our second Opportunity fund, which is not fully invested and has an investment life extending into 2018. As many of you know, our Opportunity funds invest in later-stage and non-traditional opportunities. We’ll do a separate post on this topic soon. As has been the c...]]>
Mediachain None https://www.usv.com/blog/mediachain 2016-06-01 09:15:05.196000 @aweissman https://www.usv.com/blog/mediachain

@aweissman:

"This picture of Justin Bieber getting choked at a nightclub looks like a Renaissance painting" This photograph, and its caption, were posted on Imgur on April 17th. It quickly made it to the front page of Reddit, ultimately garnering over 5,000 comments. As the picture made its way through my streams, I was struck by the many details: the different people, some interested, some disinterested; the seemingly different vertical levels of the bystanders; the colors. But I also found myself interes...]]>
11 Years of the USV Investment Team None https://www.usv.com/blog/11-years-of-the-usv-investment-team 2016-05-28 02:15:48.574000 @nickgrossman https://www.usv.com/blog/11-years-of-the-usv-investment-team

@nickgrossman:

As part of our (currently open) analyst hiring process, we ask applicants to record a few videos of themselves answering questions about their views on USV, venture capital, and the web & mobile app ecosystem. So, in the spirit of fairness, and in order to give everyone out there a better view into how things work here at USV and where our alums have gone on to since, we decided to get in front of the camera ourselves.   Below, you'll find a video update from every staff member of the USV invest...]]>
Hiring a New Analyst None https://www.usv.com/blog/hiring-a-new-analyst 2016-05-06 06:35:10.078000 @nickgrossman https://www.usv.com/blog/hiring-a-new-analyst

@nickgrossman:

We are kicking off another search for an analyst at Union Square Ventures (USV). As in the past, we will recruit for this position using an open process. While this results in a lot of work sorting through applications, we are often inspired and always learn something when we engage with potential candidates. We also believe the quality of your work as it is reflected in your dialogue with others on the Web is a more important indicator of your potential than any traditional credential. We look ...]]>
Jobbatical None https://www.usv.com/blog/jobbatical 2016-03-02 09:12:58.159000 @jmonegro https://www.usv.com/blog/jobbatical

@jmonegro:

Today we lead mostly sedentary lifestyles. Once we learned how to harvest the planet's natural resources for our survival all those thousands of years ago, we abandoned our nomadic way of life and settled down by the rivers. We learned that being close to one another makes us more productive, so we built houses, villages, factories, marketplaces, skyscrapers and cities. But our thirst for discovery and experience – the pursuit of opportunity, really – survived. So we invented ships that can trav...]]>
A New Face for the USV Network None https://www.usv.com/blog/a-new-face-for-the-usv-network 2016-02-18 11:16:33.150000 @bethanymarz https://www.usv.com/blog/a-new-face-for-the-usv-network

@bethanymarz:

Hi! I’m Bethany Marzewski, and I’m thrilled to be taking over Brittany’s position as the new network General Manager at Union Square Ventures. In this role, I’ll work with the great teams at USV’s 60+ portfolio companies to expand the programming and infrastructure that we hope empowers all of our entrepreneurs to learn from each other and build better businesses. Stepping into this role feels a lot like joining my extended family. Having spent the past four years in a variety of sales and mark...]]>
Veniam's new round of funding None https://www.usv.com/blog/veniams-new-round-of-funding 2016-02-11 10:46:20.853000 @BradUSV https://www.usv.com/blog/veniams-new-round-of-funding

@BradUSV:

Our portfolio company Veniam announced today that they had closed a significant new round of funding led by Verizon Ventures. The funding will allow Veniam to deliver on the promise of "smart cities" by connecting thousands of vehicles in public and private fleets to create city-scale mesh networks. These networks will allow local transportation systems to offer internet access to commuters at higher speeds and lower cost than existing cellular networks. They also allow cities to affordably coll...]]>
Foursquare: Building the Business None https://www.usv.com/blog/foursquare-building-the-business 2016-01-14 16:07:51.593000 @albertwenger https://www.usv.com/blog/foursquare-building-the-business

@albertwenger:

We first invested in Foursquare in 2009 when the company was just getting going because we believed that location was a native aspect of smartphones. Since then our conviction about the importance of location to the mobile experience has continued to grow. Foursquare too has grown: The company's location data now enriches the experience of 50 million people every month across the company's website and apps. The same data also powers two rapidly growing B2B business segments: Pinpoint, a programm...]]>
Introducing Koko http://itskoko.com/ itskoko.com https://www.usv.com/blog/introducing-koko 2015-12-15 16:58:46.098000 @BradUSV https://www.usv.com/blog/introducing-koko http://itskoko.com/

@BradUSV:

Last week, Farhad Manjoo of the New York Times mused in his column that the Internet was getting meaner: “If you’ve logged on to Twitter and Facebook in the waning weeks of 2015, you’ve surely noticed that the Internet now seems to be on constant boil.  Your social feed has always been loud, shrill, reflexive and ugly, but this year everything has been turned up to 11”. It’s hard to argue the point. The question is, are we seeing the inevitable end state of an open permissionless medium, or is...]]>
USV Thesis 2.0 None https://www.usv.com/blog/usv-thesis-20 2015-12-12 18:24:46.056000 @aweissman https://www.usv.com/blog/usv-thesis-20

@aweissman:

Union Square Ventures has always been a “thesis” driven firm. We maintain specific principles about the internet that guide our investment decisions. While other things like stage and to a lesser extent geography, also matter, our thesis or point of view is the primary thing that guides our decision making. We last wrote about this a few years ago, in Investment Thesis@USV, where we attempted to describe this view of the world. There, we also tried to describe how dynamic the thesis is, or can b...]]>
SimScale None https://www.usv.com/blog/simscale 2015-12-02 10:28:46.804000 @albertwenger https://www.usv.com/blog/simscale

@albertwenger:

We are excited to announce our investment in Munich-based SimScale. SimScale makes complex engineering simulations, such as mechanical stress and fluid flows, available to anyone in the world with a web browser. These kinds of simulations were pioneered in the aerospace industry and are now also fairly widely in use in automotive manufacturing. SimScale broadens access to simulations in three important ways. First, the system is entirely accessible by web browser with a unified workbench for all...]]>
Quizlet None https://www.usv.com/blog/quizlet 2015-11-23 11:53:55.926000 @fredwilson https://www.usv.com/blog/quizlet

@fredwilson:

There are some investments that take years to make. They are often our best investments. Quizlet took something like five years to go from a company we got interested in to a USV investment. In March 2009, we hosted an event we called Hacking Education. That was the official start of our focus on education. From that event came a thesis on how we would approach investing in education. We would invest in lightweight services and networks that allowed anyone to learn anything. We would not invest ...]]>