By Albert Wenger—Mar 13, 2017

This past Saturday, Susan and Oliver from Ziggeo organized the third New York City Videohackday. Turnout was terrific with over 100 participants and 18 teams submitting a project. The format of a one-day event works well and appears to attract a more diverse group of participants. I gave a brief […] Read more (opens Continuations in a new tab)

By Fred Wilson—Mar 12, 2017

Angel/seed rounds used to be done via priced equity securities, either common or preferred. Then, starting about ten years ago, we started to see convertible debt being used in the angel and seed rounds. By 2010 this was the norm and Paul Graham tweeted this in Aug 2010: Convertible notes have won. […] Read more (opens AVC in a new tab)

By Albert Wenger—Mar 10, 2017

With the release by Wikileaks of the so-called Vault 7 CIA Hacking tools, the debate has once again turned to the effectiveness and role of encryption. As Zeynep Tufekci (you should absolutely follow her on Twitter) rightly points out, this is all about endpoint security and not about broken […] Read more (opens Continuations in a new tab)

By Albert Wenger—Mar 8, 2017

Last week in Uncertainty Wednesday, I introduced the example of the PSA test for prostate cancer. I provided all the probabilities for elementary events assuming a 50-year old male. We then did some simple addition to figure out the probability that I would receive a high PSA level signal which […] Read more (opens Continuations in a new tab)

By Lauren Young—Mar 6, 2017

The USV portfolio network consists of 67 active companies with over 7,000 employees across the US, Canada and Europe. We believe in using the power of networks to help our portfolio companies build better businesses through peer to peer learning, external network relationships, and shared […] Read more

By Albert Wenger—Mar 1, 2017

After a 2 week hiatus for travel here is another Uncertainty Wednesday. After going through probability I had promised a concrete example. As a 50 year old male one that is close to home is prostate cancer. The system in question is the prostate and simplistically it can be in two states (A) […] Read more (opens Continuations in a new tab)