Algorand Transparency Statement

As part of an ongoing effort to bring transparency and clarity to the Algorand project, we are continuing to publish regular transparency statements on our Algorand holdings and activities (we apologize for the delay on the Q1 reporting and our Read more).

Nonfungible Tokens and Gaming

Nonfungible Tokens, or NFTs, provide a way to verify that a digital asset is uniquely owned and has specific properties, thus potentially giving the asset value through scarcity. This is a powerful idea for gaming because in many games users Read more.

Confronting Systemic Racism

We believe that Black lives matter and we oppose all forms of racism. We also recognize that the forces behind the incidents of the last few weeks are not new, but rather known and systemic.  Therefore, we must confront the Read more.

Impact of COVID-19 on Employment

As the longer term impacts of COVID-19 continue to reveal themselves, one area we’ve been paying close attention to is the jobs market. In our portfolio, some companies have newfound tailwinds and are accelerating hiring. Others are cutting back either Read more.

The Cooling Internet Universe

At USV we have been discussing a cooling internet universe for several years now. We have largely stayed away from backing strictly sales driven companies as they are exposed to competitors who can spend more money on sales and marketing. Read more.

Online Learning and Remote Schooling

The rapid transition to remote schooling has supercharged trends in online learning -- it’s possible that 3-5 years of behavior change has been condensed into a few short weeks.  More independent/self-guided learning has required not only a re-thinking of curriculum Read more.