My friend Mike Masnick, founder and leader of Techdirt, is crowdfunding a new paper on NFTs. I backed the project just now with 0.1 ETH and you can do the same here....

Yesterday I wrote about NYC’s Citibike system, which I love, and said this: There should be financial rewards for taking a bike from a kiosk that is completely full or nearly full and returning to a kiosk that is empty or nearly empty. There should also be a financial reward for docking ...

I have written about my love for NYC’s Citibike service many times. This will be one more. Yesterday I left the USV office at the end of the day and hopped onto a Citibike E-Bike at the brand new kiosk that has been installed in the “no cars” section of Broadway between 23rd and 21st...

Back in 2005 Malcolm Gladwell wrote a book called Blink that was about how our subconscious allows us to make fast decisions that are often as good or better than slow considered decisions. I was talking to someone yesterday evening about how the venture capital business has changed over t...

I just backed this project to support a festival of street musicians in NYC in late October. Street bands have been picking up the slack for the last year in NYC, performing for outside diners and more throughout the city. This festival celebrates them and puts them front and center. Email...

I have been doing a bunch of large group in-person meetings in the last few weeks and I must say that it feels great to be doing these large group meetings in person. There is a different energy in the room than on the screen. In order to make everyone comfortable meeting like this, the wa...

In her decision last week on the Epic vs Apple case, Judge Yvonne Gonzalez Rogers wrote this: I am not a lawyer, but I read that to say that apps that use crypto rails for payments cannot be blocked by Apple anymore. If so, that is a decision of enormous consequences for the crypto sector...

At USV, we have a fairly narrow thesis that sets out what we want to invest in, but all of us work across all of our thesis areas. We see ourselves as generalists not specialists. In an environment when everything is moving so fast, that can be challenging, as I wrote about on Tuesday. Bu...

I wrote in my 60th birthday post that my late career mantra is less hustle more conviction. It has been working for me and has kept me in the game. But there are times, usually after an opening emerges, when a market moves so fast it is hard to stay on top of it all. I don’t worry about ...

I backed this project to fund a creator space and coffee shop in Williamsburg Brooklyn this morning. As many companies make the decision to move to hybrid and remote workforces, we will need more of this kind of space to work in. I am excited to see entrepreneurs stepping in and filling th...

I am a fan of and a practioner of investing in risky assets. I believe you must take significant risk to earn significant returns. But I also am a huge fan of diversification when holding a lot of risky assets. It has been easier for USV to get into new sectors, like crypto and climate for...

My partner Albert has been writing a book in public over the last decade called The World After Capital. There have been alpha and beta versions which he has put out there, gotten feedback on, and revised. Yesterday he tweeted that he has now finished the book and will have it printed. Tha...

This project on Kickstarter is cool. A UPS (uninterrupted power supply) for your entire home. I backed it this morning along with almost 2,400 other people who have backed it so far. You can see the video and back it here. ...

Occasionally, I will write at USV.com and today is one of those days. I wrote about an investment in a DAO called Bright Moments that we made this week. DAOs are interesting and we plan to do a bunch of DAO investing going forward. You can read the post here....

I saw a statistic from one of our larger portfolio companies yesterday. They have had their offices around the world open for some time now with office usage optional. They are seeing office utilization rates of around “20-30%.” They are also seeing “flexibility” as the number one ...

I realized a long time ago that the VC’s customer is the founder/CEO/portfolio company and that our investors (called LPs in VC speak) are our “shareholders”. That was a very defining moment for me and has clarified what matters the most in a VC firm. That said, we take investor rela...

Today is my sixtieth birthday and I plan to goof off with friends and family all day and night in celebration. If I don’t respond to an email, text, or tweet, well that’s because I’m celebrating. I’ve been told that turning 60 is a big one and to expect to feel a lot. I will make s...

I wrote about NFTs last week and said this in that post: But when a party emerges online that anyone is invited to attend and the 500 person group picks up a punk with a party hat and they all change their social network avatar to this, well that got my attention.https://avc.com/2021/08/...

I recall when my partner Brad and I were raising our first USV fund, back in 2003, and potential investors wondered about my blogging habit. They asked if I was making a mistake telegraphing our investment thesis for everyone to see, including our “competitors.” We strongly defended th...

Dune.xyz is a community of crypto enthusiasts, analysts, and investors who use the open data available to all via public blockchains to create charts and other analyses to understand what is going on in these systems. One of the most important differences between blockchain-based systems a...