Investing & Startups

We are in the middle of our 2018 Analyst hiring process at USV.  For the last several hiring cycles, USV has had an open process where anyone can apply.  I actually wrote about it back in 2011, right before I joined, remarking at the high quality of applicants that the process produced. That is stil...

I’ve written a bunch about why it’s expensive to be poor, why we need better tools for managing money, and how to move from a labor mindset to a capital mindset.  A big takeaway for me is that accumulating wealth isn’t just a functional activity, it’s a mindset that needs to be learned, and taught.…...

We have spent a fair bit of time over the past year working on security at USV and across the USV portfolio.  Anyone who has spent time working on personal or corporate security — and in particular information security, knows that there are a million ways in, and you’re never “finished”. Fred wrote ...

The beauty, and the danger, of the internet is that it’s open to everyone.  Anyone can put up a website, about pretty much anything.  This “open platform” is an amazing thing, and means that innovation can come from all corners, without barriers or gatekeepers.  It also introduces new challenges for...

Yesterday, I caught up with my old friend Gary Chou.  Gary was the first General Manager of the USV Portfolio Network (predating Brittany and Bethany), and has since been running Orbital, a community space and “studio for building networks” (which happens to be in the original Kickstarter building o...

I am on a plane right now, watching home renovation shows on HGTV, thinking about how much fun it is to fix things up. Doing projects around the house (last year I built an exterior staircase and made new kitchen countertops, the year before that I built a mudroom), coding and buding apps, and worki...

People often ask me how I ended up working in venture capital, and more specifically in a role that deals with policy issues (“policy” broadly speaking, including public policy, legal, “trust & safety”, content & community policy, etc.).  Coming from a background as a hacker / entrepreneur with an u...

I’m in SF this week with the USV team – once a year we all come out here together, do a bunch of meetings and social events w our portfolio. Yesterday struck me — and it’s amazing how much of a surprise this is to me, after doing this nearly 5 years — with just… Continue reading

For the past few weeks, I’ve been following the FBI / Apple phone unlocking case, and digging deep into the debate around encryption, security and privacy. This debate is as old as the sun, and the exact same arguments we’re going through now were fought through 20 years ago during the first crypto ...

Yesterday at one of our bi-monthly team deep dives at USV, we got into the conversation of essentially “Big Innovation” vs. “Small Innovation”.  Those who have followed USV for some time know that at the core of the investment thesis is a belief in “decentralized”, “bottom-up” innovation — the kind ...

We’ve got a few Beam telepresence robots at USV, and use them all the time.  Fred has written about them here.  We had a team meeting today, and we had two beams going at once — Fred and I were the first to arrive, and we were chatting beam-to-beam — he in LAUtah, me in Boston,… Continue reading

It’s been an intense 10 months since the FCC approved its latest Open Internet rules (aka Net Neutrality). On the wired side, we’ve seen the unbundling of content, as channels such as HBO (via HBO Now) and ESPN (via Sling TV) have split from cable to go “over-the-top” with direct-to consumer offerin...

I gave this talk at the OuiShare Rethink & Remix conference in Barcelona: Continue reading

Every month at USV we have an internal hack day, where we work on various fun tech projects.  We hack on USV.com, we build internal tools, we play with fun new hardware, try out new APIs, etc.  It’s a nice change of pace, and an opportunity to get a little closer to the tech we… Continue reading

It’s been a fascinating week to watch the war between Uber and the De Blasio administration play out. Not surprisingly, Uber ended up carrying the day using a combination of its dedicated user base and its sophisticated political machine. This is yet another very early round in what will be a long a...

On my way to SF this week, I stopped over in Boulder, visited Techstars and then had dinner with Brad Feld, where got to talking about the dynamics inside and around venture firms.  He has obviously been doing this for a long time, and for me, less of a long time (3-1/2 yrs at this point).… Continue...

Two weeks ago, I traveled to Split, Croatia to speak at the Shift Conference, a large gathering of entrepreneurs and hackers from eastern and southern Europe. I had a great time meeting folks from that part of the world, and it was awesome to spend two days at the beautiful Croatian National Theatre...

Two weeks ago at USV’s annual CEO Summit, Muneeb Ali from OneName explained the blockchain in a way I hadn’t heard before, and which I thought was really helpful: the blockchain is time. That’s a somewhat abstract way of saying it, so more concretely we could say that: The blockchain is database of ...

Today at USV, we are hosting our 4th semiannual Trust, Safety and Security Summit.  Brittany, who manages the USV portfolio network, runs about 60 events per year — each one a peer-driven, peer-learning experience, like a mini-unconference on topics like engineering, people, design, etc. The USV net...