Writing

Ever since I got interested in crypto, I have looked at the emergence of the commercial Internet in the 90s as a roadmap for what to expect. And while that has largely been useful as a frame of reference, I’ve [...]  Read more

A trend we’ve seen in the financing of startups in the last five years is the “SAFE between rounds” which means raising a convertible note (or SAFE) to provide more capital and runway in between financing rounds. It often comes [...]  Read more

To some extent, this blog has been about demystifying venture capital and in particular me and the firm I work at, USV . There are many reasons why I think that is a useful exercise. When I got into the [...]  Read more

My partner Albert gave this talk at DLD 2019 a couple weeks ago. Read more

I have had the pleasure of sitting on a few higher education boards with Mark Leslie . He’s a very accomplished and wise person. I respect him a lot. In this talk with Peter Levine, Mark talks about some of [...]  Read more

As a follow up to yesterday’s post, I asked Zach to calculate the percentage of teams with at least one female founder in our last two core funds. Yesterday, I wrote “I don’t have the exact data on me and [...]  Read more

Starting and investing in startup companies is a long lead time business. It takes on average seven to ten years for the seed and early stage investments we make to turn into something. So looking at data across the entire [...]  Read more

I believe I’ve written about this before but I see it made so often that I feel compelled to write about it again. Entrepreneurs, VCs, and others in the startup ecosystem often send an email introducing a company to all [...]  Read more

The Gotham Gal and I have been at the Sundance Film Festival this weekend. We’ve seen a nice mix of documentaries and feature films. And in the feature film category we’ve seen mainstream crowd pleasers like Mindy Kaling’s Late Night [...]  Read more