CryptoKitties
The news broke today that USV, along with many of our friends in the tech/startup/VC sector, has invested in CryptoKitties. What is a CryptoKitty? Well it's a cute digital kitten. The USV team made one last December and our kitten [...] Read more
CEO Summits at USV
Prior to each summit, our CEOs submit lessons learned and current challenges, which we use to help curate breakout groups where they lead each other in conversation. By leveraging an “unconference style” model, our CEOs and founders learn from each other, rather than from us, which makes a lot more sense. Read more
Hiring New Analysts (Update 2)
A second quick update on our analyst hiring process (previous update, original announcement). We have now reviewed all applications. We will be reaching out this week to all candidates, starting with those who have made it to the next stage, which will be telephone interviews. Read more
Hiring New Analysts (Update 1)
A quick update on our analyst hiring process. We received 326 applications. Andy and I have so far reviewed 190 of those and plan to complete that initial review by the end of next weekend. We will contact everyone with next steps the week of February 26th. Read more
Algorand
We have been writing about the importance of decentralized protocols going back to 2013. Since then a lot has happened, including a run up in the price of Bitcoin (and eventually other crypto currencies), the launch of Ethereum, the rise of ICOs and with them the funding of many new projects. And yet it feels to us that we are still in what Carlota Perez calls the “Installation Phase” of a new technology. That’s the period when a market attracts a lot of capital to help build out the necessary infrastructure. Read more
Welcoming Stash to the USV Portfolio
Technology makes it possible to serve the mass base of financial services customers with personalized, tailored, high quality products that can improve financial well being for them and their families and result in massive businesses along the way. Which is why we’re excited to announce our investment in Stash out of our Opportunity Fund. Read more