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We are in a transition from capital scarcity to attention scarcity. That changes everything about how economies work.
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Network effects are the most powerful force in technology. Every investment we make at USV starts with that question.
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Universal basic income isn't charity. It's infrastructure for a knowledge economy. You can't innovate if you're worried about rent.
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Most VCs write blog posts about their portfolios. I write about the future of civilization. I think mine is more useful.
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Coinbase was obvious to us because we believed crypto networks would be as important as the internet itself.