USV Algorand Transparency Statement, Q4 2019
As part of an ongoing effort to bring transparency and clarity to the Algorand project, we are publishing the first of what will become regular transparency statements on our Algorand holdings and activities. Entities and financial relationships: USV's has made [...] Read more
Saying Sorry
As I turned to write this, I was in the middle of reviewing a document a friend had asked me to look at a little while ago. In somewhat typical fashion, I had not done it right away, and had [...] Read more
How to Read a Pitch
Yesterday, we had a team offsite at USV, which included a “presentation party” where a bunch of us gave 3-minute presentations on a variety of topics. It was actually a perfect window into everyone’s personality — Andy gleaned lessons about [...] Read more
Why USV is Joining the Libra Association
A new blockchain & cryptocurrency project, Libra, was announced today. Libra has been incubated by Facebook. USV will be one of the founding members of the governing body, the Libra Association. Libra is a stable, fiat-backed cryptocurrency that will launch inside [...] Read more
Helium
One of the pillars of USV’s investment thesis 3.0 is “broadening access to capital”, and we often get asked what we mean by that. While “capital” includes financial capital, we have always meant it more broadly, to include human capital, technology infrastructure [...] Read more
Trusted Brands
We recently held our annual CEO summit where 65 of our portfolio company CEOs came together in NYC. Because we had updated our thesis since last year’s summit, we wanted to share some of our thinking with the group around trusted brands, [...] Read more
Building a culture of success
My son played in a baseball tournament this weekend. His team did well, and finished as the runner-up. The team that beat them in the finals played really well, but more importantly, it was obvious that they had a strong [...] Read more
The Trust Equation
This week was the annual USV CEO Summit, one of my favorite moments of every year (remarkably, this was my 8th summit, and they seem to get better and better). The theme of this year’s summit was “Trust”, which, for [...] Read more
Setting up a system
Like most people, I have struggled over the years to comes up with a organizational/productivity system that works for me. Disclaimer: I do not yet have it down perfectly, and am not claiming guru status. But I do have a [...] Read more