Today we’re excited to announce our investment in Chamber, a new service for securely holding digital assets. One of the challenges for crypto adoption is the perception that it is unsafe. Research by Pew found “75% of Americans who have [...]  Read more

Blackbird Labs

At USV, we are looking for applications that can bring hundreds of millions of users onto web3. As great as the decentralized finance and digital art applications of web3 are, they aren’t likely to get my mom or your mom [...]  Read more


For the original web to be widely adopted, people needed a web browser. This seems trivial today as every new computing device comes preloaded with one or more browsers. But early on this was a chicken and egg problem. There [...]  Read more

Bright Moments DAO

Yesterday, USV sent 500 ETH to the Bright Moments DAO and we got back one million Bright Moments DAO (BRT) tokens into our wallet. This is the third time USV has invested in a DAO and we will blog about [...]  Read more

Tokenized Natural Assets

This is one of several posts on new areas we are exploring for USV’s Climate Fund. Natural resources such as fertile land and healthy oceans are the ultimate foundations of the economy and civilization, and their protection and regrowth are [...]  Read more

Stacks 2.0

The Bitcoin whitepaper is now over a decade old and Bitcoin as a system has been up and running continuously since January 3, 2009. Much has happened in the crypto world since then, including of course the launch of Ethereum [...]  Read more

Business Model Innovation

I’ve shared my views on this before here at AVC. I believe business model innovation is more disruptive than technical innovation. A good example of this was moving from web apps to mobile apps, which was largely a technical innovation. [...]  Read more

Arweave Project Ideas

Earlier today, the Arweave team announced that they’ve raised additional capital in order to fund developers who want to build on Arweave through two new programs - Arweave Grants and Arweave Boost. People are already building lots of amazing things [...]  Read more

The Myth of The Infrastructure Phase

We are not in an infrastructure phase, but rather in another turn of the apps-infrastructure cycle. First, apps inspire infrastructure. Then that infrastructure enables new apps. Platforms evolve from an iterative cycle of apps=>infrastructure=>apps=>infrastructure and are rarely built in an outside vacuum. Read more