A historical collection of our writing.
Nikhil RamanThree and a half years ago, I joined USV as an investor through the firm's analyst program. The analyst role is fixed-term, and nine months ago the team gave me the opportunity to stay on and move up in the firm as an Investment Partner. This seems worth sharing externally. It also seems like a […] Read more
Nikhil RamanOver the last 24 months, prediction markets have grown rapidly, consistently defied expectations, and quickly become an indelible part of our social and economic fabric. Prediction markets receive a lot of criticism, some warranted, but ultimately we believe these types of markets are important, […] Read more
Nikhil RamanFor years, it has become increasingly clear that all assets are going to come onchain, and eventually all of finance too. It is why we have continually invested in open financial infrastructure focused on ushering in that future such as Uniswap, Morpho, Hyperliquid, Relay, and more. […] Read more
Nikhil RamanAPPLY NOW Two weeks ago we pre-announced that we would be kicking off a new Analyst program this year. USV has had analysts since the firm first started in 2004, and that post gives some helpful context on how the program is evolving. Applications for the new analyst class are now live. The rest of […] Read more
Nikhil RamanTL;DR: We’re hiring new analysts. Applications will go up on our blog and across our socials in two weeks and will only be live for two weeks after that. Please help us share this announcement. […] Read more
By 
Andy Weissman & Nikhil Raman
It is said that while history doesn’t repeat, it does rhyme. This is a pattern we’ve observed before in the Internet era. When a novel technology arrives, early infrastructure is controlled (or attempted to be controlled) by a small number of players who prefer to create and extract value inside […] Read more
