Union Square Ventures’ tangled web of crypto investments

Quick Take

  • Since 2011 Union Square Ventures has had a billion-dollar exit per year (Zynga, Indeed, Tumblr, Twitter, Lending Club, and Etsy)
  • Dating back to 2018, 15 percent of Union Square Ventures’ portfolio consisted of blockchain/crypto related companies
  • USV has chosen a “networking” strategy with its blockchain/crypto investments and has invested in six crypto funds to date

Recently we mapped out Union Square Ventures’ investments across the blockchain and cryptocurrency space. Now we will take an even more in-depth look at USV’s multi-layered investments with other crypto funds.

Union Square Ventures, commonly called USV, is one of the best-known venture capital funds in the world. USV has been one of the top returning funds and has had a billion-dollar exit every year since 2011.