Funding Friday: The Restaurant Workers’ Community Foundation Relief Fund
I mentioned in yesterday’s post that when this is all over, I can’t wait to go to my favorite restaurants and enjoy their hospitality and food. If they are able to re-open. While many industries are facing difficult times in [...] Read more
Correlation and Market Meltdowns
On the first episode of Howard’s new podcast , his guest said, “in panics, all assets are correlated.” I suspect that is true to some extent. When bad news hits, I have seen traders sell quickly, get to cash, and [...] Read more
New Faces At USV
We onboarded our new analyst team over the last few weeks at USV. As is our tradition, they have each written a “hello world” blog post on usv.com introducing themselves. They are: David Hannah Hanel I can’t imagine how hard [...] Read more
Howard and Fred On Panic With Friends
I promised to post this once it is live and it went live today. So here it is: USV TEAM POSTS: Nick Grossman — Mar 17, 2020 The Great Shift to Video Albert Wenger — Mar 16, 2020 COVID19 What’s [...] Read more
Outschool needs 5,000 teachers to start offering online classes in the next 2 weeks
I tweeted on friday that our portfolio company Outschool , which offers live K12 classes delivered by real teachers over video, would be offering free classes to those who need them for their kids and can’t afford to buy them [...] Read more
Spring Break At Home
The Gotham Gal and I have been largely self quarantining in our home for the last two weeks and are preparing to continue doing so for a while longer. It’s a bit depressing to be honest and I’ve been looking [...] Read more
Funding Friday: Bold Maid
This reimagination of the card game Old Maid is terrific. I backed it immediately this morning. USV TEAM POSTS: Bethany Crystal — Mar 12, 2020 Keep Calm and Stay Human Albert Wenger — Mar 10, 2020 COVID19: Flatten the Curve [...] Read more
Open For Business
I got an email from a well known journalist who covers the VC sector today. He was asking a bunch of VCs a few questions that basically can be summed up “are you open for business?” I answered him with [...] Read more
Panic With Friends
My friend Howard Lindzon has started a podcast series called Panic With Friends. It’s about the market meltdown and a lot more. I hope that it turns out to be a short lived series and this panic ends quickly. Episode [...] Read more