A historical collection of our writing.
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
Many of the most critical data sets are the ones that we have long been unable to access or interpret. Value on the internet has largely compounded through data loops that continuously strengthen with scale. A product or platform collects data, that data makes that product better, and the better […] Read more
The universe of potential materials is vast. To get a sense for just how big it is consider the following: we want to combine three different elements (drawn from a subset of the periodic table of say only 10 elements) into a new material. A naive first estimation would be that we have 10x10x10 = […] Read more
We believe that the AI opportunity is too big and too important to be owned by any one company. Instead, we see a massive ecosystem emerging around the agentic AI stack. We refer to it as the Rebel Alliance, and we believe it's not just competing, but is structurally positioned to lead. […] Read more
We’ve been talking a lot at USV about the rebel alliance—the alternative to big model reliance—and the opportunities it creates for builders of the agentic stack. But the result of a strong rebel alliance also means we’re at the entrance to a bubbling and awesome agentic consumer explosion built on […] 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
