The Slow Hunch

Investing, 2024.

USV, startups, theses, portfolio announcements2 posts

Topicsallcitiesinternetpolicycryptoaienergyinvestingmakinglife
Yearsall202620252024202320222021202020192018201720162015201420132012201120102009200820072006
  • Oct 18, 2024
    Leverage

    Leverage is tricky. You need it to drive outcomes, but wielding it too openly can backfire. Best built up over time and used as modestly as possible.

  • Oct 5, 2024
    The System-of-Record Network Effect

    The most durable network effects often come from being the system of record. Carta, blockchains, and enterprise ERP systems all share a common pattern: the more records and stakeholders in the system, the more valuable it gets.