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eShares

Anyone who owns shares or options in a private company instinctively knows that cap table management remains frustratingly analog. At USV, we own equity interests in more than 50 companies. For many of our portfolio companies we own three or [...]  Read more

Hello 2015

Hi Everyone -- I hope you are enjoying the beginning of the new year. As corny as it sounds, I love new years and the opportunity to get a fresh start, clear the decks, and make plans for the coming [...]  Read more

Introducing Veniam

There has been a lot of talk recently about the Internet of Things. Some analysts estimate there will be 9 billion connected devices, from parking meters to thermostats by 2018. By then, that will be roughly the number of smartphones, [...]  Read more

Assembly

Web services, like governments, don't make anything, they just create the conditions necessary for their users to create value. Today's largest networks have demonstrated this to be true. Passionate communities have been born out of services like Twitter and Meetup. [...]  Read more

Onename

In discussing bitcoin we have always emphasized that payment is only one potential application of blockchain technology. The decentralized public ledger is a new protocol that enables a fundamenatlly new class of systems: logically centralized but with decentralized control. What does that [...]  Read more

Figure 1

Social applications leverage the network structure of the Internet to connect people, places, and media. Over the last decade, we’ve seen the origination and maturation of these services, from Facebook to Twitter to Reddit to Tumblr to many more. At [...]  Read more