USVC

You’ve been buying their products. Paying their subscriptions. Watching their valuations climb. USVC is how anyone can own a stake in the future that’s being built in private. Learn more: usvc.com

Introducing USVC - a single basket of high-growth venture capital, for everyone. No accreditation required, SEC-registered, and a very low $500 minimum. Includes OpenAI, Anthropic, xAI, Sierra, Crusoe, Legora, and Vercel. As USVC adds more companies, investors will own a piece of that too. Liquidity typically comes when companies exit, but we’re aiming to let investors redeem up to 5% of the fund every quarter. This isn’t guaranteed, but if we can make it work, you won’t be locked up like in a traditional venture fund. It runs on AngelList, which already supports $125 billion of investor capital. And I’ve joined USVC as the Chairman of its Investment Committee. — Go back to the 1500s, you set sail for the new world to find tons of gold - that was adventure capital. Early-stage technology is the modern version. It says we are going to create something new, and it’s risky. It’s daring. But ordinary people can’t invest until it’s old, until it’s no longer interesting, until everybody has access to it. By the time a stock IPOs, most of the alpha is gone. The adventure is gone. Public market investors are literally last in line. This problem has become farcical in the last decade. Startups are reaching trillion dollar valuations in the private markets while ordinary investors have their noses up to the glass, wondering when they’ll be let in. Investing in private markets isn’t easy. You need feet on the ground. You need judgment built over years. Most people don’t have the patience to wait ten or twenty years for an investment to come to fruition. But there is no more productive, harder-working way to deploy a dollar than in true venture capital. USVC enables you to invest in venture capital in a broad, accessible, professionally-managed way, through a single basket of innovation, focused on high-growth startups, at all stages. It is how you bet on the future of tech: the smartest young people in the world, working insane hours, leveraged to the max, with code, hardware, capital, media, and community. Your dollar doesn’t work harder anywhere. There is an old line - in the future, either you are telling a computer what to do, or a computer is telling you what to do. You don’t want to be on the wrong side of that transaction. USVC lets you buy the future, but you buy it now. Then you wait, and if you are right, you get paid. Get access here: usvc.com

The stock market used to let ordinary people own a piece of American prosperity. Over the last 20 years, the companies defining the future stopped showing up. Tech companies now build the next economy largely in private: AI, biotech, energy, robotics. They create generational wealth and yet the public gets near-zero access. Five years ago, I argued for retail access to venture capital as an asset class in front the SEC. Today, we finally take that next step. @usvc_ is a registered public venture fund from AngelList. No accreditation is required to participate and the minimum check size is $500. Our mission: build an endowment for the American people. If private markets now run the economy's most powerful wealth engine, the public deserves a seat. usvc.com

Announcing my new thing: I'm launching a new public venture fund USVC is built by AngelList with @naval shaping our investment strategy in the technology companies building our future And unlike traditional venture funds, everyone can invest along with just $500:

Announcing: USVC AngelList exists to power the innovation economy. To date, we have powered $125 billion in assets, 25,000+ funds, and 13,000+ startups. Today, we’re opening it for retail access. @usvc_ is a regulated fund that holds stakes in promising private companies. There are no accreditation requirements and anyone can get started with as little as $500. Early portfolio includes xAI, Anthropic, OpenAI, Sierra, Vercel, Crusoe, and Legora. Own a stake in the companies defining the future. Learn more: usvc.com

A few things to know before you invest: USVC is a registered closed-end fund. Shares aren't exchange-listed. You can lose money. Up to 5% liquidity may come through quarterly repurchase offers at the board’s discretion. Liquidity is not guaranteed. Expect to hold for years. Read the prospectus: usvc.com/docs

The companies being built right now in AI, robotics, and energy are staying private longer than ever. By the time they reach public markets, most of the growth is already priced in. USVC invests while the companies are still becoming, not after everyone already knows the ending.

You’ve been buying their products. Paying their subscriptions. Watching their valuations climb. USVC is how anyone can own a stake in the future that’s being built in private. Learn more: usvc.com