Writing

Late last year, USV funded a new hedge fund called Polychain Capital , which invests only in crypto-assets. I talked about the reasons for that investment in this blog post . In the video of the week, Polychain founder Olaf [...]  Read more

Our portfolio company Blockstack is building a development platform for decentralized applications built on top of the blockchain. This video explains what they are doing and they just published a whitepaper outlining how their token works to support this application [...]  Read more

I last wrote about Blockstack early in 2016 when the team announced the goals of the project. Since then a lot of progress has been made. The team has released a browser which is now available for Mac, Windows and [...]  Read more

I read this piece on Reuters claiming that the huge megafunds in venture and growth equity are “stalling IPOs.” And while it makes sense at some level, the truth is the exact opposite. Based on everything I am seeing, hearing, [...]  Read more

This past week our portfolio company MongoDB went public. I think that occasion presents an opportunity to talk about USV’s model. Read more

USV added a new partner today. Her name is Rebecca Kaden and she introduced herself to our world on the USV blog just now. Rebecca joins a team of fifteen people; our network team, our analysts, and our fantastic administrative [...]  Read more