Entrepreneurship, Marketplaces / Social / Collaboration / Network Effects

Two months ago, we published our second eBook, Understanding Social Platforms. In it, we discuss the dynamics of each social platform type: messaging, private networks, public networks, enterprise networks, and communities. We also cover important topics for social platform businesses like metrics, exits, valuations, and our outlook for future opportunities in social. Today, we are […]

Two months ago, we published our second eBook, Understanding Social Platforms. In it, we discuss the dynamics of each social platform type: messaging, private networks, public networks, enterprise networks, and communities. We also cover important topics for social platform businesses like metrics, exits, valuations, and our outlook for future opportunities in social.

Today, we are happy to announce that this eBook is now available in slide deck form for a faster read or quick refresher for the over 2,500 of you who have already picked this up!

You can download the slide deck here. And if you’re interested in the full version of the book, it’s available as a PDF or ePub.

Version One

After more than 13 years of building Version One, 2025 was easily one of our wildest years—in the best possible way. We made nine new investments (our most in one year ever), spanning six different categories. We also distributed over $25M back to LPs across Funds II and III. And on top of all that, […]