USV has been investing in the digital asset sector for over a decade. We believe that blockchain technology allows for the creation of open, transparent, and efficient marketplaces that deliver value to consumers and creators.
USV also believes that most digital assets are not
Today Uniswap Labs received a Wells notice from the SEC
And we're ready to fight
This is the latest political effort to target even the best actors in crypto like Uniswap and Coinbase
All Uniswap products and the Uniswap Protocol are unaffected
20 years in the making, we’ve distilled the essence of USV’s investment thesis:
USV invests at the edge of large markets being transformed by technological and societal pressures
OH at
@USV
: a new experiment where an AI records our conversations during the current week, synthesizes themes from them and shares them with the world
Week of Apr 22:
1/ Organismic approaches to carbon sequestration - synthetic biology platforms to design microorganisms that
1/ We believe that black lives matter and we oppose all forms of racism. We also recognize that the forces behind the incidents of the last few weeks are not new, but rather known and systemic. Therefore, we must confront the uncomfortable reality that we are part of the problem.
Today we are announcing our first two climate-related investments:
@project_wren
and
@leapdex
. Here’s
@albertwenger
’s blog post on how we are thinking about climate-related investing:
The
@usv
thesis in its new 3.0 version to reflect our current focus: USV backs trusted brands that broaden access to knowledge, capital, and well-being by leveraging networks, platforms, and protocols. More here:
Big news at
@USV
today! We're excited to introduce our 2019 funds, welcome
@gillym
and
@nickgrossman
to the partnership, and continue our commitment to support all 85 companies in the
#USVNetwork
. Read more here:
3/ We directly control who we hire at USV and who we invest in. Our commitment is to hire more black investors and back more black founders. We will share our data. Hold us accountable.
We have been devastated all week by what is going on in Israel. Our colleagues in the venture capital industry drafted the statement below and asked us to sign onto it. We have, and are strongly aligned with it.
OH at
@USV
: a new experiment where an AI records our conversations during the current week, synthesizes themes from them and shares them with the world
Week of Apr 29:
1/ Locally Hosted AI Models with Federated Learning: The team highlighted the use of locally hosted AI models,
We've reviewed all 340 candidates who applied to our 2020 USV Analyst Program! We'll keep you posted on our progress in reviewing all of these amazing candidates. Here's an update on the process so far:
@gillym
We are thrilled to welcome
@jaredhecht
to USV as a venture partner. We've worked closely w/ Jared for years and believe that he'll be a great partner both to USV and to entrepreneurs. More from Jared here:
2/ In the last sixteen years USV has invested in over 100 companies. In that time, we have backed very few founders who self-identify as black. We must do better.
A question on our minds: do the native properties of crypto (public, networked, commerce, identity, assets) make it uniquely suited to build really fun social experiences on? by
@thedanigrant
We partnered with
@variantfund
to run a comprehensive compensation and hiring survey of our web3 companies. Pulling from over 1,000 data points, you can read about some of our findings here:
Diners should enjoy the same kind of loyalty programming that they find in other categories, like travel. So we are excited to talk about our recent investment in
@blackbird_xyz
Announcement: The USV Talent Network has launched! Interested in joining the
#USVNetwork
? Our Network GM,
@bethanymarz
explains the program, its benefits, and how to apply.
This year at our CEO Summit we shared some of our thinking around why we believe and invest in Trusted Brands. "Brands make promises to users. Trusted Brands keep their promises. Trust is a strategy." Read more here:
#USVNetwork
Why USV is Joining the Libra Association:
"It is our hope that Libra will serve as a major on-ramp to cryptocurrencies and cryptoassets, to the benefit of the entire ecosystem."
USV has been active in the blockchain and crypto space since 2011. We are now investing in token focused funds and you can learn more about our thought process here
For a while, Transition has been the sorta-kinda secret operation we couldn’t stop talking about in private. Today, we're excited to finally share Transition publicly and pull back the curtain on what we’ve been busy building!
We are honored to lead
@OdysseyEnergyS
’ Series A financing, and to support the team’s efforts to empower renewable energy entrepreneurs in emerging markets
Last year, 38
#USVNetwork
companies participated in our first network-wide diversity and inclusion survey, conducted by
@Lauren_Maz
.
Here's what we learned about how early stage startups are approaching D&I efforts (and what VCs can do to help):
We have been getting excited
@usv
about the opportunity for new social networks and thinking through what will create a new kind of user longevity. More thoughts here by
@rebeccakaden
Join
@albertwenger
and author,
@Sarah_Bakewell
for a chat about her latest book, Humanly Possible which explores seven hundred years of writers, thinkers, scientists, and artists, all trying to understand what it means to be truly human. Nov 28 @ 11am ET
Join
@albertwenger
and author,
@Sarah_Bakewell
next week for a chat about her book, Humanly Possible which explores seven hundred years of writers, thinkers, scientists, & artists, all trying to understand what it means to be truly human. Nov 28 @ 11am ET
We’re thrilled to welcome
@BrillPlanet
to
@usv
’s portfolio. Brilliant Planet harnesses the power of microalgae to offer a low-cost, additional, and scalable carbon removal.
Congrats to
@usv
portfolio company,
@Stash
for "rolling out a set of mobile-first banking services aimed at those left behind by traditional banks."
@TechCrunch
#usvthesis3
Thank you to everyone who applied for the
@USV
analyst positions! All applications have been reviewed and we will be reaching out to candidates this week. For our full post, visit:
We're proud to announce that we have raised $85 million in Series E funding. This capital will allow us to invest in our company and community. Read more about it on our blog.