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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

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