## Announcements

### January 26, 2021
We are pleased to announce that USV has raised a 2021 Core Fund with commitments of $250 million. This Core Fund will complement our new Climate Fund and existing Opportunity Fund. This will be USV’s seventh early-stage venture fund since [...

](/content/writing/2021/01/usv-2021-fund/index.html)

### January 8, 2021
Key to addressing the climate crisis is changing the balance in the so-called carbon cycle. At present, every year we are adding roughly 5 gigatons of carbon to the atmosphere*. Since atmospheric carbon acts as a greenhouse gas this increases [...

](/content/writing/2021/01/silviaterra/index.html)

### January 8, 2021
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 the last couple of years, we have been developing a separate Climate Thesis, including [...

](/content/writing/2021/01/usv-climate-fund/index.html)

### December 18, 2020
More than ten years ago, USV hosted a small group of educators, entrepreneurs, activists, and investors for a day-long session called Hacking Education.  In summarizing that discussion, our partner Brad described the group’s collective optimism about the role technology would [...

](/content/writing/2020/12/hacking-education-2-0/index.html)

### December 16, 2020
The Bitcoin whitepaper is now over a decade old and Bitcoin as a system has been up and running continuously since January 3, 2009. Much has happened in the crypto world since then, including of course the launch of Ethereum [...

](/content/writing/2020/12/stacks-2-0/index.html)

### October 20, 2020
Co-authored by Hanel Baveja 91 million Americans struggle to access money when they need it, often resulting in excess cost and low credit scores. Sadly, this is big business.  This consumer group pays $106 billion in fees each year for short-term [...

](/content/writing/2020/10/our-investment-in-possible/index.html)