Numerai and Polychain
USV recently made two investments in hedge fund managers. You might gather from that fact that we are moving away from venture capital. But that would be an incorrect assumption. What we are doing is finding new ways to invest [...] Read more
Numerai
Today, we're excited to announce that USV is leading the Series A round of financing in Numerai’s management company. Read more
How To Cold Email an Investor
Last week I noticed that I had received several cold emails from entrepreneurs that started in exactly the same fashion: So I decided to tweet about it because it appeared as if people had just copied a template. Sure enough [...] Read more
An Opportunity for States and Cities
I have not been writing a lot because I am still digesting much of what the outcome of the US election and Trump’s presidency may bring. One thought that is forming though is that States will play a much bigger [...] Read more
Sharing Holiday Specials from the USV Network
USV network companies: Let us know if you’d like us to include your holiday offer in this list!The potential of digital network effects has been crucial to our investment thesis from day one. As an extension of this thesis, we [...] Read more
Uncertainty Wednesday: Zoltar Example (Continued)
Last Uncertainty Wednesday, I set up the first example which I called Zoltar as a machine that And I asked how to use the Uncertainty Wednesday framework to think about uncertainty here. This requires us to do two things. We [...] Read more
Mobile: From Ads to Commerce
In 2011 I gave a talk at conference that The Media Kitchen had organized about the impact of mobile on marketing. While everyone else presenting was talking about how to make mobile ads work, I was openly critical of advertising [...] Read more
Uncertainty Wednesday: Our First Example (Zoltar)
So far Uncertainty Wednesday has been, ahem, somewhat abstract and dry. A challenge for me in writing anything, including World After Capital, is that I like to proceed methodically, which means putting foundations first (note to self: this makes for [...] Read more
Proof Of Stake
There is a lot of cutting edge computer science being used in blockchain technology and, because there are multiple blockchains and protocols being proposed and tested, there are various experiments going on at the same time. This is all very [...] Read more