As we start a new decade it is worth examining our investment thesis. We continue to be convinced that our current focus on broadening access to| Union Square Ventures
The proliferation of generative AI has opened up a brand new frontier of exploration for consumer internet entrepreneurs, particularly those looking to| Union Square Ventures
We’ve previously written about the storage gap. The proliferation of solar has led to an abundance of energy when the sun is out and a dearth when it’s| Union Square Ventures
We believe we are still at the beginning of the opportunity to broaden access with the most critical implications ahead of us. As a result, we decided to revise our thesis into a third version: USV backs trusted brands that broaden access to knowledge, capital, and well-being by leveraging networks, platforms, and protocols.| Union Square Ventures
Co-authored with Mark Khalil Deployment of renewables has been accelerating globally. In 2022, around 12% of electricity came from wind and solar,| Union Square Ventures
At USV we describe ourselves as a “thesis-driven venture capital firm.” For our core fund, we have been investing against Thesis 3.0 for some time. Over| Union Square Ventures
We are not in an infrastructure phase, but rather in another turn of the apps-infrastructure cycle. First, apps inspire infrastructure. Then that infrastructure enables new apps. Platforms evolve from an iterative cycle of apps=>infrastructure=>apps=>infrastructure and are rarely built in an outside vacuum.| Union Square Ventures
Co-authored with Grace Carney A few months ago Fred kicked off a conversation about what the “native” applications of AI technology will be. What are the| Union Square Ventures
I’m thrilled to be starting at USV as an analyst on our investment team. I’m joining USV from AeroFarms, a startup building vertical farms around the| Union Square Ventures
Note: see the 2020 follow-up post here: Thin Applications Here's one way to think about the differences between the Internet and the Blockchain. The| Union Square Ventures