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Ostrom
Nick Grossman – Dec 7, 2022
One of the pillars of the USV investment thesis is “trusted brands”, and a core component of brand trust is structural alignment. Structural alignment means that from a fundamental business model perspective, the company’s economics and incentives are aligned with [...] Read more
USV Algorand Transparency Statement, Q4 2021 – Q2 2022
Nick Grossman – Jul 2, 2022
As part of an ongoing effort to bring transparency and clarity to the Algorand project, we have published regular transparency statements on our Algorand holdings and activities. Transactions: From Q4 2021 through Q1 2022, USV sold Algos constituting roughly 20% [...] Read more
Memory as a Service
Nick Grossman – May 4, 2022
Part of the USV investment thesis is “Access to Knowledge ”. To date, most of our investing in this area has primarily been around consumer learning platforms, like Duolingo, Quizlet, Codecademy, Outschool, Brilliant and others. These platforms are generally focused [...] Read more
Ceramic
Nick Grossman – Feb 16, 2022
As my partner Brad noted in 2019, the first generation of the internet (aka “Web 1”) was built as a “stateless” system. In other words, data packets could be moved around the network, but the network itself couldn’t store them [...] Read more
Shortwave
Nick Grossman – Feb 15, 2022
Email is one of the greatest communication tools ever invented – a universal, public system that enables written communication among all people, anywhere on the planet. It can handle simple, short messages and rich content of all kinds. It works [...] Read more
USV Algorand Transparency Statement, Q3 2021
Nick Grossman – Nov 20, 2021
As part of an ongoing effort to bring transparency and clarity to the Algorand project, we are continuing to publish regular transparency statements on our Algorand holdings and activities. Entities and financial relationships: USV has made its investment in Algorand, [...] Read more
Dune Analytics
Nick Grossman – Aug 12, 2021
The amount of invention and creativity happening in crypto is head-spinning. Countless projects, protocols, apps, tokens, and communities are launching, layering, merging, forking and growing every day. It’s a lot to keep up with. Fortunately, blockchains are (mostly) public data [...] Read more
USV Algorand Transparency Statement, Q2 2021
Nick Grossman – Jul 1, 2021
As part of an ongoing effort to bring transparency and clarity to the Algorand project, we are continuing to publish regular transparency statements on our Algorand holdings and activities. Entities and financial relationships: USV has made its investment in Algorand, [...] Read more
Scaling Ethereum with zkSync
Nick Grossman – Jun 3, 2021
Ethereum has grown into an incredibly rich ecosystem, demonstrating the network effects that are possible when you combine wallets, developers, assets, liquidity, and layered protocols. As a result, we are getting our first glimpses of what the web will look [...] Read more