Writing

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USV Thesis 2.0

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 [...]  Read more

No Stack Startups

One way of looking at a publisher’s chain of business operations is that there are five core things it must do: (1) produce content; (2) market/promote content; (3) distribution; (4) figure out the best user interface or experience for its [...]  Read more

Changing Metaphors

"Photograph - all I've got is a photograph. But it's not enough" Def Leppard Wikipedia tells us that the word "photograph" derives from the Greek words phos and graphê, together meaning "drawing with light." I suppose that for a hundred [...]  Read more

Looking More Closely

I was talking when I should have been listening - Grant Hart As venture investors, we look at our investments and investment strategy continuously at a macro level. Questions like: how much are we investing and how fast? How does [...]  Read more

Experience

God, what a mess, on the ladder of success Where you take one step and miss the whole first rung - Paul Westerberg I was in a board meeting the other day at a company we have been investors in [...]  Read more

Figure 1

Social applications leverage the network structure of the Internet to connect people, places, and media. Over the last decade, we’ve seen the origination and maturation of these services, from Facebook to Twitter to Reddit to Tumblr to many more. At [...]  Read more

Sometimes wrong

"I ain't often right, but I've never been wrong" About seven years ago I came across an online music service that, instead of charging fixed fees for the digital files (there was no streaming back then), instead used a formula [...]  Read more

Amino

Communities have long been an integral part of the Internet, online places where people can connect and share their passions and interests. And communities can have great network dynamics, where they increase in value as participants join and share more. [...]  Read more