Founder Vesting
Founder vesting is when founders agree that their founder’s stock will vest over some period of time, normally four years. Many times we will come across a company that we might want to invest in and when we look into [...] Read more
Audio Of The Week: Skin In The Game
I have been listening to Nassim Nicholas Taleb ‘s new book, Skin In The Game , in audiobook form while driving around LA this past week. I’ve always been a fan of having skin in the game and others having [...] Read more
Nothing Is “Standard”
I told this story last night at dinner to the Gotham Gal (who has heard it many times) and two friends who are in the investment business. They loved it. I’ve blogged it before, but it has been almost ten [...] Read more
Coinbase Index And Coinbase Index Fund
First a disclosure for all the disclosure enthusiasts who hound me here and on Twitter to disclose things that are well known to most readers in hopes of turning this blog into a legal document: USV is a large investor [...] Read more
Uncertainty Wednesday: Correlation the Bayesian Way
After a short break of a few weeks, Uncertainty Wednesday is back! My last post had been the third part in a series on “Spurious Correlation” which ended with “Interestingly, this takes me to the edge of my own knowledge [...] Read more
Bird Scooters
Everywhere I look on the west side of Los Angeles, I see Bird Scooters . These are electric scooters you can rent from your mobile phone. They look like this: I finally got around to taking a ride on a [...] Read more
Running the USV analyst application process using Ziggeo, FormAssembly and Airtable
We are in the middle of our 2018 Analyst hiring process at USV. For the last several hiring cycles, USV has an open hiring process, where anyone can apply. I actually wrote about it back in 2011 , right before I [...] Read more
Twitter TV Ad
I believe the ad Twitter ran at the Oscars last night is their first TV ad. We stand with women around the world to make their voices heard and their presence known. To bring them front and center, today and [...] Read more
World After Capital: Digital Technology (Universality)
NOTE: Today I am continuing with publishing revisions to my book World After Capital. This is the second half of the chapter on the incredibly properties of digital technology. If you missed it, the first half of the chapter is [...] Read more