May 8 2013
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The almost two year long slump is over. I've led a new venture investment for USV, which closed a few weeks ago and was announced last night.
The company is Coinbase and my blog post announcing the investment is on the USV blog. The WSJ also wrote about it here.
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I have come to believe that a number of new fundamental technologies have hit the Internet and it is time to get busy putting out money.
One of these is Bitcoin. Here is a snippet of what I wrote today on the USV blog:
http://www.avc.com/a_vc/2013/05/off-the-schneid.html
Wilson is the co-founder of Union Square Ventures, a New York City-based venture capital firm with investments in Web 2.0
companies such as Twitter, Tumblr, Foursquare, Zynga and 10gen.
http://en.wikipedia.org/wiki/Fred_Wilson_(financier)