
The Butter Thesis
At USV, we talk a lot about our investment thesis. The USV thesis is a set of ideas that has guided our investing over the years. It is a tool we u...
From Crypto-Native to Crypto-Enabled
I’m not one to make big annual predictions, but one thing that seems likely to me is that 2024 will mark the emergence of mainstream apps powered by ...
You Never Know When You've Had a Good Day
Many years ago, when I had just started working at USV, I remember there was kind of a complicated situation that unfolded in a seemingly bad way, and I'll never forget what Brad said in response. He said:you never know when you've had a good dayI didn't really understand what that meant, so he told me a story that went something like: back around the year 2000 at the height of the dot-com boom, there was a guy who was a senior exec at a successful startup. That person had a falling out with ...

The Butter Thesis
At USV, we talk a lot about our investment thesis. The USV thesis is a set of ideas that has guided our investing over the years. It is a tool we u...
From Crypto-Native to Crypto-Enabled
I’m not one to make big annual predictions, but one thing that seems likely to me is that 2024 will mark the emergence of mainstream apps powered by ...
You Never Know When You've Had a Good Day
Many years ago, when I had just started working at USV, I remember there was kind of a complicated situation that unfolded in a seemingly bad way, and I'll never forget what Brad said in response. He said:you never know when you've had a good dayI didn't really understand what that meant, so he told me a story that went something like: back around the year 2000 at the height of the dot-com boom, there was a guy who was a senior exec at a successful startup. That person had a falling out with ...
Share Dialog
Share Dialog
As readers of this blog can tell, I've been spending a lot of my time recently focused on cryptonetworks and blockchains, and in particular, working through the complex legal and regulatory issues involved. Explaining what cryptocurrencies, cryptonetworks and blockchains are is hard to do. As Naval recently said on twitter:
It is the mark of a genius to explain a complex topic in a simple way. https://t.co/17vfhQB9uK
— Naval (@naval) March 12, 2017
One person who is able to describe this complex topic remarkably simply is Peter van Valkenburgh from Coin Center. A few weeks ago Peter testified in the House on a committee exploring cryptocurrencies and so-called ICOs. His 5-minute description of the "true innovation" here is crystal clear and worth watching:
As readers of this blog can tell, I've been spending a lot of my time recently focused on cryptonetworks and blockchains, and in particular, working through the complex legal and regulatory issues involved. Explaining what cryptocurrencies, cryptonetworks and blockchains are is hard to do. As Naval recently said on twitter:
It is the mark of a genius to explain a complex topic in a simple way. https://t.co/17vfhQB9uK
— Naval (@naval) March 12, 2017
One person who is able to describe this complex topic remarkably simply is Peter van Valkenburgh from Coin Center. A few weeks ago Peter testified in the House on a committee exploring cryptocurrencies and so-called ICOs. His 5-minute description of the "true innovation" here is crystal clear and worth watching:
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