Archives For USV

Fred Wilson, one of the world’s most prominent venture capitalists, shares the three big coming trends in tech. He has invested in the early stages of companies like Twitter, Tumblr, Foursquare, Zynga, Kickstarter and Bitcoin. His ideas about business trends are really interesting, both for investors and for startup entrepreneurs. Wilson talked at LeWeb conference in Paris (December, 10, 2013) and he used as an example for each megatrend, some startup companies from his own portfolio (USV).

“We don’t think about technologies, we think about trends, we think about what’s happening in society, what’s happening with people, in terms of how people behave. The technologies are important; but we don’t like to invest in mobile, or big data, or machine learning or those kind of things. We think about them, they matter to us, but we really think about things from a behavioral and a societal point of view.”

Megatrend 1: Technology Driven Networks are Replacing Traditional Bureaucratic Hierarchies

Bureaucratic hierarchies are the way that the world has been organized for the past couple hundred years. Markets, governments and businesses have one person on the top of the pyramid organizational structure controlling everything. Transaction and communication costs were so high in the industrial era that that was the most efficient way to organize work. But we are now in the information age, where technology-driven networks are replacing  bureaucratic hierarchies. Some examples are: Continue Reading…

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