A historical collection of our writing.
We are pleased to announce that we have raised two new funds. The 2019 Core Fund has commitments of $200 million (up slightly from our last few core funds which were $175 million) and the 2019 Opportunity Fund is at $250 million (also up from our last 2014 Opportunity Fund of $175mm). We have made […] Read more
Fred WilsonAt USV, we have been active in the blockchain/crypto sector since 2011. At this time, we have direct investments in nine companies/projects in the crypto space and one exited investment. Companies in the blockchain/crypto sector make up about 15% of our active portfolio and closer to 25% of our […] Read more
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 […] Read more
Over five years ago USV launched its first “Opportunity Fund” – a pool of capital meant as a complement to the core activities of our early stage funds. A few years thereafter, in 2014, we raised a second Opportunity Fund. Both of those funds have been continuously active. In light of making our […] Read more
This week, we will close our first investment in USV’s 2016 fund, which has total capital commitments of $175 million, the same size as our 2014 fund. This will be USV’s fifth early-stage fund. We continue to make new investments in our second Opportunity fund, which is not fully invested and has […] Read more
Fred WilsonIn our most recent fund, USV 2014, five of our first six investments, have been seed investments. That is probably surprising to many people as USV is not thought of as a seed investor. I wrote a post today explaining why we are doing a lot of seed investing these days and how we do […] Read more
