Trust and fairness
I was at an event last night, where the moderator, Preeti Varathan from QZ observed that there seemed to be a lot of cynicism in the blockchain / crypto space — in other words, that the whole thing was essentially [...] Read more
Compound interest goes in both directions
There is no shortage of writing and punditry about the power of compound interest . As usual Naval has a pithy tweet about it: Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from [...] Read more
just_work = true
One of my former colleagues, Rob Marianski , and I used to have a running joke — we would be building and debugging something, and he’d finally say, “Oh, so you just want me to set just_work = true”. That [...] Read more
Focus
Ryan Caldbeck is on fire on Twitter right now. Ryan is the CEO of our portfolio company CircleUp , and he just joined Twitter for the first time earlier this year and is, I may say, feeling very comfortable in [...] Read more
Finding your discomfort zone
I have been down in DC the last two weeks, among other things, talking to lawmakers and regulators about cryptonetworks and cryptocurrencies . As part of that, I’ve been spending a lot of time with attorneys — specifically securities attorneys [...] Read more
Digital scarcity
As readers of this blog can tell, I’ve been spending a lot of my time recently focused on cryptonetworks and blockchains, and in particular, working through the complex legal and regulatory issues involved. Explaining what cryptocurrencies, cryptonetworks and blockchains are [...] Read more
Zombies eating kitties
On Tuesday we announced our investment in Cryptokitties , and, as you might expect, received a combination of enthusiasm and skepticism in response. Bitcoin and cryptocurrencies already sound ridiculous to most people, and virtual “real” kittens made out of cryptocurrency [...] Read more
Cryptonetworks and Why Tokens are Fundamental
In recent months, there has been untold attention paid to cryptocurrencies, blockchains and the coming of the “decentralized web” or “web3”. And, given the rise of the cryptocurrency markets (over 1500 coins with a total market cap of $370B as [...] Read more
Running the USV analyst application process using Ziggeo, FormAssembly and Airtable
We are in the middle of our 2018 Analyst hiring process at USV. For the last several hiring cycles, USV has an open hiring process, where anyone can apply. I actually wrote about it back in 2011 , right before I [...] Read more