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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
I spent the day Tuesday at the Civic Media conference, put on annually by the MIT Center for Civic Media and the Knight Foundation. In addition to being a gathering of a fabulous community of civic hackers and builders, it's also where Knight announces the winners of the NewsChallenge grant contest each year (here are this year's winners, in the category of "strengthening the internet") Closing out the conference was Joi Ito, head of the Media Lab (and also on the Knight board). I always love listening to Joi speak, and reading his writing. He is like the Yoda of open innovation. The force is strong in him. In his remarks, he lays out his 9 principles for guiding the Media Lab into the future, which really double as 9 principles for open innovation. They are:
Resilience over strength (I would actually change this to "resilience over rigidity")
Pull over push
Risk over safety
Systems over objects
Compasses over maps
Practice over theory
Disobedience over compliance
Emergence over authority
Learning over education
This video is the best example of how I try to think about the world, and how I try to work, as I can think of. It's speaks to the USV investment thesis, to the ideas behind Regulation 2.0 (in particular resilience over strength and emergence over authority), and to the impacts that the web is having on every sector of the economy. Here's his talk -- it's 27 minutes worth watching, for a pure dose of Joi's philosophy of innovation and the internet:
I spent the day Tuesday at the Civic Media conference, put on annually by the MIT Center for Civic Media and the Knight Foundation. In addition to being a gathering of a fabulous community of civic hackers and builders, it's also where Knight announces the winners of the NewsChallenge grant contest each year (here are this year's winners, in the category of "strengthening the internet") Closing out the conference was Joi Ito, head of the Media Lab (and also on the Knight board). I always love listening to Joi speak, and reading his writing. He is like the Yoda of open innovation. The force is strong in him. In his remarks, he lays out his 9 principles for guiding the Media Lab into the future, which really double as 9 principles for open innovation. They are:
Resilience over strength (I would actually change this to "resilience over rigidity")
Pull over push
Risk over safety
Systems over objects
Compasses over maps
Practice over theory
Disobedience over compliance
Emergence over authority
Learning over education
This video is the best example of how I try to think about the world, and how I try to work, as I can think of. It's speaks to the USV investment thesis, to the ideas behind Regulation 2.0 (in particular resilience over strength and emergence over authority), and to the impacts that the web is having on every sector of the economy. Here's his talk -- it's 27 minutes worth watching, for a pure dose of Joi's philosophy of innovation and the internet:
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