However, there are key indicators that we evaluate when seeking to empower companies with strategic investments. Experience and dedication of founding management build powerful value chains. We recognize this to be the most common denominator in all tech driven successful companies. We need to understand the crux of your company, and like to see early indications of your core markets so we can invest to accelerate growth in each targeted market. Having the best product in a declining industry is not as exciting as progressing to become a leader in an industry that is considerably growing, changing and adapting newer ways to conduct business while outgrowing the ecosystem.
Venture firms operate a bunch of different ways. Some have a geographical focus, others have a sector focus, still others have a stage focus. In short, as described by Brad last year in characters , USV invests in:. Large networks of engaged users, differentiated through user experience, and defensible through network effects. When we are organizing our activities and thinking about investment decisions then, we parse that a little finer, we unpack some of the components. But it can also mean large relative to a specific problem set or community.
Investing in builders, businesses and digital assets from inception to scaling since Expedita dolorem soluta. Distinctio rerum facilis voluptas enim eius non praesentium. Asperiores impedit iste excepturi et fuga. Possimus sapiente cupiditate.
Hello defiers and happy Friday! Synthetix, a platform to mint and trade synthetic assets, this week climbed the DeFi ranks to have the most value locked in dollar terms after MakerDAO. Vance lists the four steps the platform plans to take to get there.