2024 USV Core Fund
We recently started investing out of our newest USV Core Fund. As with each of our previous funds, while it is a new vehicle, our approach will stay the same: small fund, thesis driven, high conviction, and low velocity. We’ll focus on being long term and dedicated partners to a small number of teams creating projects and businesses that are aligned with our thesis. We’ll continue to commit once and then partner with the companies throughout their lifetimes. We run a collaborative partnership...

Four Futures
Investing at the Edge of Large Markets Under Transformative Pressure
Union Square Ventures turns 20 this year. Brad and Fred began to deploy the first USV fund in 2004. The dot com bubble had recently popped, mod...

What a time to be building! Writing computer code has never been easier. We now have AI models that have memorized every conceivable API and can assist us or even write code for us outright. Especially the more recent so-called “reasoning models” have taken another big step in this direction. At the same time, hardware has become incredibly performant. There are now 1U servers that come with 2 processors with 144 cores each, 96 MB of Cache and 2 TB of RAM and 244 TB of SSD disk space all for under $20K.
So you would think it would be easy to launch amazing software at next to no cost. But there is one problem: clouds have become insanely complex. Just log into the Amazon Web Services (AWS) console if you want to see just how bad it is. This shouldn’t come as a total surprise since AWS is nearly twenty years old (S3 and EC2 were both launched in 2006). Also the incentives for cloud providers are to try and lock customers into proprietary offerings. The net effect: deployment is unreasonably hard and expensive.
Having worked for years on infrastructure at Hashicorp, Evan Phoenix is tackling the deployment challenge with Miren. The goal of Miren is to make deployment easy and consistent for both humans and agents and to fully expose the capabilities of modern hardware.
You can read Evan's announcement on the Miren blog. We are excited to be teaming up with Blueyard in backing Miren.

What a time to be building! Writing computer code has never been easier. We now have AI models that have memorized every conceivable API and can assist us or even write code for us outright. Especially the more recent so-called “reasoning models” have taken another big step in this direction. At the same time, hardware has become incredibly performant. There are now 1U servers that come with 2 processors with 144 cores each, 96 MB of Cache and 2 TB of RAM and 244 TB of SSD disk space all for under $20K.
So you would think it would be easy to launch amazing software at next to no cost. But there is one problem: clouds have become insanely complex. Just log into the Amazon Web Services (AWS) console if you want to see just how bad it is. This shouldn’t come as a total surprise since AWS is nearly twenty years old (S3 and EC2 were both launched in 2006). Also the incentives for cloud providers are to try and lock customers into proprietary offerings. The net effect: deployment is unreasonably hard and expensive.
Having worked for years on infrastructure at Hashicorp, Evan Phoenix is tackling the deployment challenge with Miren. The goal of Miren is to make deployment easy and consistent for both humans and agents and to fully expose the capabilities of modern hardware.
You can read Evan's announcement on the Miren blog. We are excited to be teaming up with Blueyard in backing Miren.
2024 USV Core Fund
We recently started investing out of our newest USV Core Fund. As with each of our previous funds, while it is a new vehicle, our approach will stay the same: small fund, thesis driven, high conviction, and low velocity. We’ll focus on being long term and dedicated partners to a small number of teams creating projects and businesses that are aligned with our thesis. We’ll continue to commit once and then partner with the companies throughout their lifetimes. We run a collaborative partnership...

Four Futures
Investing at the Edge of Large Markets Under Transformative Pressure
Union Square Ventures turns 20 this year. Brad and Fred began to deploy the first USV fund in 2004. The dot com bubble had recently popped, mod...
Share Dialog
Share Dialog
2 comments
We are thrilled to announce our investment in Miren alongside @blueyard Evan Phoenix is revolutionizing cloud deployment, making it simple and cost-effective for both humans and AI agents while unlocking the full potential of modern hardware. What a time to be building. https://blog.usv.com/miren
Announcing the @usv investment in Miren https://blog.usv.com/miren