usv

usv

Book Recommendation: Internet Architecture and Innovation

www.avc.com
On the heels of its paperback release, I would like to recommend a book that is required reading in our shop, Internet Architecture and Innovation by Barbara van van Schewick. I've mentioned Barbara before on this blog. She is a Law School Professor at Stanford and has written extensively on...
Book Recommendation: Internet Architecture and Innovation

Off The Schneid

www.avc.com
The almost two year long slump is over. I've led a new venture investment for USV, which closed a few weeks ago and was announced last night. The company is Coinbase and my blog post announcing the investment is on the USV blog. This hiatus, which I've blogged about a...
Off The Schneid

Just Do It

www.avc.com
We have a two year rotation program at USV for most of our non partner positions. We hire incredibly talented people, suck them into everything we are doing for two years, and then ask them to leave. The USV alumni group is becoming quite a collection of talent. For much...
Just Do It

Behance Lands $6.5M From USV and Others, Gets Ready to Scale

www.betabeat.com
Behance CEO Scott Belsky (scottbelsky.com) After years of bootstrapping, online portfolio platform Behance is taking on outside funding to the tune of $6.5 million, TechCrunch says. Union Square Ventures led the round, and the list of additional investors is something of a who's who. Says a note on the company's blog:  We’re...
Behance Lands $6.5M From USV and Others, Gets Ready to Scale

Dwolla Announces Funding Led by Union Square Ventures

www.betabeat.com
Mr. Milne. Power to the prairie! That Union Square Ventures-led funding we reported on for investor darling Dwolla—the startup of the 700 name spreadsheet—is indeed happening. (Albeit for $5 million instead of the $10 million we expected.) Village Ventures, Thrive Capital, Marc Ecko of Artists & Instigators and angel investor Paige Craig...
Dwolla Announces Funding Led by Union Square Ventures

A Valentines Day Chat

www.avc.com
On February 14th, the entire USV partnership will be in Salt Lake City and so courtesy of our friend Bryce, we are going to do an event called Sessions @ The Leonardo. We've done this format before, usually in our event space, and its a lot of fun to do...
A Valentines Day Chat

Fred Wilson 'Lost' The First Investment He Was Going To Lead In Over A Year

www.businessinsider.com
At the end of last year, Fred Wilson, the leading voice of New York venture capital firm Union Square Ventures, wrote that he hadn't led a single investment since the summer of 2011. He's wasn't happy about it, but he said, "I have been working on a new investment and...
Fred Wilson 'Lost' The First Investment He Was Going To Lead In Over A Year

daily bizcard 11: fred wilson

gapingvoid.com
Today’s “Daily Bizcard” design, “Puck”, goes to one of my New York blogging posse, Fred Wilson. Fred is very successful venture capitalist, a partner in Union Square Ventures. I first became aware of him via his blog, AVC.com, which I was turned on to by Nick Denton. Besides always...
daily bizcard 11: fred wilson

You Can Do Too Much Due Diligence

www.avc.com
It's Monday, time for another lesson I've learned in the venture capital business. Today I will tell a story that I love telling. It has some of my favorite people in it. Back in 2004, early in my blogging career, I heard about a service that had just launched called...
You Can Do Too Much Due Diligence

MBA Mondays: Revenue Models - Licensing

www.avc.com
Licensing, according to wikipedia, is an authorization (by the licensor) to use the licensed material (by the licensee). Of all the business models listed on the revenue model hackpad, licensing is the least net native business model. There is very little about the internet that makes licensing work better and...
MBA Mondays: Revenue Models - Licensing

Support E-Hailing in NYC!

www.avc.com
Last year, at about this time, USV met Jay Bregman and Ron Zeghibe, who are two of the cofounders of Hailo, a mobile app for hailing taxis, that had just launched in London. If anyone has been to London in the past year, you probably know that Hailo has taken...
Support E-Hailing in NYC!

45 Minutes With @albertwenger

www.avc.com
It's really easy to appear intelligent when you are surrounded by smart people. I've written a fair bit about how my partner Brad is responsible for much of USV's investment thesis and the deep thinking we do as a firm. But USV is also extremely fortunate to have had the...
45 Minutes With @albertwenger

What Union Square Ventures wants out of your company

thenextweb.com
Every venture capital firm has its own secret for success, including the likes of Union Square Ventures, a very well-known, early stage NYC-based VC firm with an impressive portfolio of companies such as Tumblr, Behance and 10gen. Of course, subscribing to a single methodology may be dangerous thinking, but if you’re starting a company and have hopes...
What Union Square Ventures wants out of your company

Union Square Ventures, Other Investors Pump $5M Into Bitcoin Startup Coinbase

betabeat.com
"Vires in Numeris" lol (Photo: Flickr/Zach Copley) Fred Wilson has just broken his two-year, no-investment streak. The Wall Street Journal reports Union Square Ventures is leading a $5 million round in Y Combinator-backed Coinbase, which allows you to buy, store and pay with Bitcoin. Also participating: Ribbit Capital, SV Angel and Funders Club. These being the...
Union Square Ventures, Other Investors Pump $5M Into Bitcoin Startup Coinbase

After 2 Years, Twitter, Zynga Investor Fred Wilson Finally Finds Another Startup Worth Investing In

www.businessinsider.com
Union Square Ventures principal Fred Wilson just led his first startup deal in nearly two years. Wilson led a $5 million round in Coinbase, a startup for buying, selling, and accepting Bitcoins. Bitcoins are a form of decentralized, digital currency. This year, Bitcoin's value has reached new heights. Today, Bitcoin is...
After 2 Years, Twitter, Zynga Investor Fred Wilson Finally Finds Another Startup Worth Investing In

Permissionless Innovation and Patents

www.avc.com
My partner Brad Burnham wrote a post today explaining why he disagrees with Nathan Myhrvold's recent Harvard Business Review piece in defense his patent holding company,Intellectual Ventures. In the post, Brad talks about the power of "permissionless innovation" and says:The real reason the independent software industry emerged is that operating systems and...
Permissionless Innovation and Patents
Can We Bridge Data to Humanity? We Best Talk About It.

Hacking Society

www.avc.com
Today, from 10am to 4:30pm eastern, USV will be hosting an event called Hacking Society. This is one of our "sessions events" that we do from time to time. Hacking Society brings together a small group of thinkers and doers to discuss how networks are transforming our economy and society,...
Hacking Society

FRED WILSON: 2012 Was A 'Sh***y Year For Me'

www.businessinsider.com
Influential venture capitalist Fred Wilson has been writing some very interesting, very personal stuff lately at his blog, A VC. On New Year's Eve he wrote one of his most interesting yet: I've wanted to write a year end post for days. I actually wrote one and stored it as...
FRED WILSON: 2012 Was A 'Sh***y Year For Me'

The IPA

www.avc.com
No, I am not blogging about India Pale Ale, although I must say that I am a big fan of it. I am writing about one of the best patent hacks I have seen in the decade that I have been working to find relief from the ridiculous patent system...
The IPA

Feature Friday: Android Sharing

www.avc.com
My all-time favorite feature on Android is the way sharing works. I like this feature so much I am concerned that this might be a repeat of a prior Feature Friday post. But I searched on gawk.it and did not find any posts so maybe I haven't done a Feature...
Feature Friday: Android Sharing

The Twitter "Patent Hack"

www.avc.com
Yesterday Twitter announced that they plan to amend the assignments agreements that they sign with their employees. They call this proposed amendment the Innovator's Patent Agreement. I've been aware of this effort inside of Twitter for a while and I like to call this move the "Twitter Patent Hack" because...
The Twitter "Patent Hack"

Peer Progress and Regulation 2.0

www.avc.com
As some of you know, we have had an activist in residence at USV for the past year. His name is Nick Grossman and he has helped us to understand the public policy implications of the rise of networks that we are so actively investing in. The idea of a...
Peer Progress and Regulation 2.0
The Magic of Liquidity: Web Marketplaces Still Have A Long Way To Go

Google Now

www.avc.com
AVC regulars know that I am a long time Android user and a big fan of the Google mobile OS. A few months ago we turned on Google Now for our USV Google Apps account and I started getting Google Now on my phone. At first, I didn't pay much...
Google Now

Doing Business On A Handshake

www.avc.com
I often wish we could do business on a handshake. I've been thinking about it more and more these days. We negotiate a sophisticated set of documents when we invest in a company and for the most part, those documents never come into play. Many times when things go badly,...
Doing Business On A Handshake

Late State Convertible Debt

www.avc.com
I've written about convertible debt a few times on this blog, most notably here and here. My general take on convertible debt is that its very good for the founders and not very good for the investors in seed and early stage investments and a much better solution in late...
Late State Convertible Debt

Content Marketing Simplified

www.avc.com
There is a growing market out there for content marketing. Not the old fashioned kind where magazine companies would create custom magazines for brands, marketers, and retailers. I am talking about the Internet version in which brands, marketers, retailers and other businesses create blogs, twitter accounts, facebook pages, and the...
Content Marketing Simplified

Digital Publishing Startup Wattpad Raises $17.3M Series B For Social Reading

betabeat.com
Old school, meet new school. (flickr.com/friarsbalsam) Just last week, the publishing industry got the Wall Street Journal treatment for having sidestepped the disruptive effects of digital privacy. But everyone gathered on the far west side for Book Expo America might want to hold off on the high fives, because the Internet isn’t...
Digital Publishing Startup Wattpad Raises $17.3M Series B For Social Reading

Foursquare May Not Be Toast Yet, But It's Browning At The Edges

www.businessinsider.com
Three years before Facebook bought Instagram for $1 billion this week – one and a half years before Instagram was even created – there was Foursquare, launched in Spring 2009. Then as now, Foursquare was an app for people that wanted to "check-in" to locations and tell their friends...
Foursquare May Not Be Toast Yet, But It's Browning At The Edges
× Just a test of the new info bar. What do you think?