We like to do a lot of deep dives at USV. We pick areas that we think will present interesting investment opportunities over the next five to ten years and then spend time researching them. We like to talk to lots of experts, academics, investors, entrepreneurs, and industry. We generally spend a few months on these deep dives and then present them to the rest of the team so that everyone at USV will be somewhat fluent in the topic area and can flag interesting things that fit what is interesting to us.
Deep dives are not so much about areas we’ve been investing in, although we sometimes do that to refresh a thesis. Deep dives are generally about new areas that are just starting to percolate and appear interesting to us.
This summer all of the USV partners picked one or two (in one case three) areas to do deep dives on. As the market has cooled down, we’ve found the time to take on some primary research.
I’ve been looking into nuclear reactors and batteries with the lens of how small is possible. Could we make a nuclear reactor or battery that fits in our home? Could we make a nuclear reactor or battery that we carry with us like a phone?
I know these ideas seem preposterous but that’s exactly the kind of questions we like to ask ourselves. Often we find out that the idea is as nutty as it seems but we bump into something (Read more...)