One of the ways that USV operates as a thesis driven firm is to consider (and publish) our investment approach (theses) as succinct statements that are sets of dynamic (as opposed to static) words, for example:

edge
large
transform
technological and societal
pressures

This way, not only do we get to have continual conversations about what those words mean ("What is edge anyway, Jared?") but more importantly (much much more importantly, in fact), the world gets to tell us whenever they want however they want - what they actually think those words mean.

This is our process of continual dialogue -  and continual learning.

Never stop listening and learning.

What’s the biggest contrarian bet USV  has made counter to the status quo triggered by societal pressures?