Writing

Choose

Payjoy

Sometime in the late 90s I picked up my first mobile phone, a Motorola StarTAC. The sound quality wasn’t great but it was a radical change to no longer be tethered to a wireline. Next up was the Blackberry, which [...]  Read more

eShares

Anyone who owns shares or options in a private company instinctively knows that cap table management remains frustratingly analog. At USV, we own equity interests in more than 50 companies. For many of our portfolio companies we own three or [...]  Read more

SigFig

Investment management is an increasingly important problem. With the decline of defined benefit plans and the increasingly shaky social security system, most people will have to rely primarily on their savings and retirement accounts to fund living expenses after they [...]  Read more

Auxmoney

Today we are delighted to announce that we have made an investment in Auxmoney, an online credit marketplace in Germany. The CEO, Raffael Johnen was in London last week and appeared on a LeWeb panel with the CEOs of two [...]  Read more

Coinbase

We have been thinking about and looking to make an investment in the Bitcoin ecosystem for several years. Today, we are happy to be able to talk about our first investment in the sector. We have made an investment in [...]  Read more

Funding Circle

The shift from hierarchical models of resource allocation to more efficient marketplaces is occurring not only in handmade goods or creative projects, but in the provision of financial services as well. New digitally-native financial services that use technology in ways [...]  Read more

Dwolla

Money is one of the fundamental underpinnings of the economy, yet we largely take it for granted. When we pay for our morning cup of coffee (or tea) with cash or a credit card, we tend not to stop and [...]  Read more