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Justworks

We have known Justworks founder Isaac Oates since he led the creation of Etsy's payment system a decade ago. When Isaac left Etsy and started Justworks, we were not sure his company fit into our network thesis and so we [...]  Read more

Regulation and the Tech Industry

Azeem Azhar has a great post up about the brewing conversation about regulation and the tech industry . There are two main points that stand out to me: 1) In digital systems, ML/AI and data network effects create feedback loops [...]  Read more

Billie Eilish

It was nice to see Billie Eilish and her brother Finneas O’Connell run the table on the Grammy’s last night. It was yet another sign that the age of self made artists is upon us. As is our custom, my [...]  Read more

Funding Friday: Haeckel

What a wonderful project . I backed it today. USV TEAM POSTS: Bethany Crystal — Jan 22, 2020 How to Interview an Executive Coach (or a Doula) Albert Wenger — Jan 20, 2020 More on Facial Recognition Regulation Nick Grossman [...]  Read more

Tech:NYC at the NYSE

Tech:NYC is NYC’s tech industry advocacy group. According to its 2019 Annual Report , Tech:NYC has over 800 member companies representing all shapes and sizes of tech companies in NYC. I am the co-chair of Tech:NYC. Today, the NYSE decided [...]  Read more

Stack Today, Stack Tomorrow

Our portfolio company Stack Overflow (which I like to call Stack) is an Internet Treasure. My friend Mark Pincus introduced me to the concept of an Internet Treasure many years ago and I am a fan of the notion. In [...]  Read more

The Management Rights Letter

A friend asked me over the weekend “why do VCs ask for a management rights letter when they make an investment?” A management rights letter is a short agreement between a company and an investor to allow them certain “management [...]  Read more