Writing

Choose

Our Investment in Modern Fertility

Modern Fertility is building a trusted consumer brand in fertility, starting with their launch today of at-home testing for women. In the comfort of their own homes, and for a fraction of what it would cost at a clinic, women can have their key fertility hormones tested through a few drops of blood. Read more

USV Thesis 3.0

We believe we are still at the beginning of the opportunity to broaden access with the most critical implications ahead of us. As a result, we decided to revise our thesis into a third version: USV backs trusted brands that broaden access to knowledge, capital, and well-being by leveraging networks, platforms, and protocols. Read more

Top Hat

Even back when I was in graduate school, I found the price of textbooks to be high and their quality to vary widely. Now that I have children taking college courses, I was shocked to find textbooks that cost over $200 and are still large physical objects that have to be lugged around! The high prices and lack of innovation are the result of a market structure which has become highly concentrated among just a few textbook publishers. That's why I am excited to announce that USV has led a new round of financing for Toronto-based Top Hat, which last year launched a content marketplace for higher education. Read more

Quizlet

There are some investments that take years to make. They are often our best investments. Quizlet took something like five years to go from a company we got interested in to a USV investment. In March 2009, we hosted an [...]  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

Small Pieces, Khan, Quizlet

One way to build something big is to build something big. Like a pyramid. Or a multifaceted bank. Or a university. Another way is to build something that is architected to be full of small pieces, small things, small units. Khan Academy is one [...]  Read more

Human Dx

One of the amazing things that the Internet has given us is the ability for people all over the world to collaborate. At times we use this for silliness (supercuts of animal videos on YouTube) and at other times to [...]  Read more

Researching Online Education

We've blogged about many aspects of USV, including our investment thesis and our preferences on deal terms, but we've rarely shared our internal research on new markets and industries. On reflection, we've decided it would be better to make that [...]  Read more