I saw a discussion among our USV portfolio CEOs yesterday in one of the many communication channels we offer our portfolio companies. The question was about vacation policy. I was pleasantly surprised to find out that most of our portfolio companies offer unlimited vacation to their employees and that there is almost no abuse of […]
I am bummed to be missing Twilio’s annual Signal Conference this year. Not just because Jeff does a fantastic keynote, but because Twilio always announces a truckload of amazing new goodness. Here are just two great things from yesterday:...Show More Summary
When I was studying social science in the 1990s one of the major trends was more and more people living alone. Academics were extrapolating trends and predicting 30%+ of us...
I’ve been thinking about our lifespan recently. That sounds grim, but it’s actually not. One thing that spurred this thinking is that my wife’s great aunt just turned 100. She is essentially my wife’s grandmother figure and they are very close. I first met her over 10 years ago when she was turning 90, and […] The post Living Forever appeared first on ROBGO.ORG.
I was taking the subway uptown yesterday afternoon and as I stepped out of the train I thought I saw the word Lycos on the advertisement on the station wall. Upon closer observation, it was not an advertisement for Lycos, but by then I was already thinking about my visit to the Lycos NYC office […]
In honor of the NBA Playoffs, I thought I’d sprinkle a little basketball lingo into this post I’ve been thinking about for a while. I think the most dangerous place to be for an early stage, venture funded company to be is where things are “sort-of-working”. Show More Summary
I can still remember the first time that I experienced the web, which was on a workstation in a lab at MIT in late 1993 (Mosaic had come out in January of that year). The experience of easily accessing remote content and navigating from one site to another simply by clicking on a link was transformative. Show More Summary
“Venture capital is only appropriate for the small percentage of businesses that want to go loss making to grow very fast.” is a sentence I say a lot. As...
Right now the OKC Thunder look unbeatable. They made the Spurs look old and they are now making the Warriors look slow. That’s quite something to accomplish. Let’s see if they can keep this up. It isn’t easy. I am reminded of the Mets last fall. They went on a hot streak that quickly took […]
There's no possible way I can get up to speed on what a founder knows about their industry, plan, goals, or team, in just a few hours or even days. Hell, I could spend weeks on it and, hopefully, it wouldn't make a difference. You should know way more about this than I ever could. Show More Summary
We are living in a time of great experiments. They are not happening in the lab. They are happening in the real world. And they are being financed by real people. We are witnessing the de-institutionalization of experimentation. We are returning to a time when anyone can be an inventor and innovator. Some of this […]
A few weeks ago, I gave a keynote at the Coin Center Annual Dinner in NYC. I previously posted the text of that speech but it showed up on YouTube this week and so I am posting the video of it here today:
Historically Google has been a pro open web company. Open ecosystems were deep in their DNA and critical to their business model of making money from search. Facebook, on the...
Quite a few friends and family members of mine are loving Google’s new GBoard third party keyboard for iOS. I am currently on Android and Google has not released GBoard for Android. So unlike most feature fridays, I am not going to be able to explain why I like this feature so much. I expect […]
Apps take us away from the web and away from search, and as such are a big problem for Google. Worse still, Apple customers are searching direct from the OS using...
For a long time I’ve been fascinated by the intersection between entrepreneurship and social change. When I say that I’m not describing social entrepreneurship (a term I really don’t like; it’s not a subset of entrepreneurship, it’s simply “entrepreneurship”) or impact investing, at least not as they’re commonly understood in the current business lexicon. I... Read more
Network effects are central to our investment thesis at USV. We believe that they provide one of the few (the only?) source of sustainable competitive advantage. We have also been outspoken about wanting to limit the power that these network effects provide to winning companies. Show More Summary