Markets in Motion

I think about types of markets in 3 generalized ways:1) Large and established markets. The opportunity here is to take a behavior currently happening in the market and make it some combination of easier, cheaper and faster to do. AI, for instance, makes lots of existing behavior a lot better. Exampl

Hire the Experimenters

In a world where playbooks expire overnight, the best hires aren’t the ones who’ve mastered the old map but the ones who can chart a new one at speed. Founders are swapping expertise for horsepower, hunger, and rapid experimentation.

Vibe Reporting

At USV, we have been spending a lot of time asking the question of what we would look like if we built the firm from scratch today in an AI-native world. What’s our new OS? The answer is that many of the core principals stay the same: small funds, tight partnership, and a thesis-driven model with specific points of view (the more specific the better.) We still believe in a model that prioritizes relationships with founders, teams, and with each other. That will not change. But we also think a...