Broken Syndicates
One of the most challenging situations in startup/venture capital land is the broken syndicate. It is not a topic that is talked about much, but it is fairly common, particularly for companies that succeed in building a business but falter [...] Read more
What we can learn from theatre’s performance reports
I’ve always admired how the theatre industry handles feedback. First of all, it’s all happening in real time…for everyone. This makes it much harder to cover up slip-ups. If you’re a singer or musician, you either hit all of the [...] Read more
Video Of The Week: Ethereum 2.0
I just watched Vitalik Buterin’s keynote at Devcon 4 in Prague last week, on Halloween and on the tenth anniversary of Satoshi’s whitepaper. In this keynote, Vitalik explains what has taken so long in getting from Ethereum 1.0 to Ethereum [...] Read more
Dapper
Back in March of this year, I wrote a post on the USV blog announcing our investment in Cryptokitties . A lot has happened since then. The company that made Cryptokitties is now called Dapper and it has raised a [...] Read more
Uncertainty Wednesday: Thinking about Ruin
This is an Uncertainty Wednesday post on a Thursday. By going over the Wednesdays from the last couple of years you could try to quantify the probability that I will not write an Uncertainty Wednesday post at all, or that [...] Read more
D2CX
One of the big trends in startup land over the last decade is consumer brands getting built direct to consumer (D2C) on highly efficient advertising channels like Google, Facebook, Instagram, Twitter, and YouTube. In these online channels, brands can test, [...] Read more
Vertical Accelerators In NYC
The Partnership For New York City operates some excellent “vertical” accelerators for companies that are getting started and are focused on serving industries with big footprints here in NYC. Financial Services – FinTech Innovation Lab Health Care – Digital Health [...] Read more
Suffering, Self, and Service
The massacre in Pittsburgh is heartbreaking and awful, and another example of the extent to which society seems to be fraying. The Pittsburgh attacker spent a lot of time on social media sites that stoked his fear, isolation and anger. [...] Read more
Creating Surplus
Consumer surplus is the delta between what consumers expect to pay or are willing to pay for an item and what they actually have to pay given market dynamics. A good example of where we are generating a lot of [...] Read more
