YNTR: USV and the Climate Crisis

You Need to Read Albert Wenger’s post Union Square Ventures and the Climate Crisis on the USV.com blog.

In the post and accompanying exhaustive internal research deck, USV shares its thesis that investing in climate tech is now a core market-rate-returns strategy for the well-regarded firm. This is not impact investing or other “concessionary” do-good investing, this is economically sound as well as being better for civilization.

As we start a new decade it is worth examining our investment thesis. We continue to be convinced that our current focus on broadening access to knowledge, capital and wellbeing will help us surface promising opportunities. There is, however, also a clear realization that none of this will amount to much if the world succumbs to the climate crisis. Australia provides a horrific preview of the current trajectory.

 

Fortunately, there has also been a tremendous growth in public awareness, thanks to groups such as Fridays For Future, Extinction Rebellion and the Sunrise Movement. And at the same time, the last decade has seen tremendous progress in key technologies such as photovoltaics and batteries. As a result we believe there are important ways in which USV can both help fight the climate crisis and earn returns for our limited partners.

Bring your loved ones together this holiday season to give #GiftsToTheFuture. Each day on the way to welcoming the new year, we'll share a little something you can do to help make it (and many years that follow) better for those you love. enough.co/gifts-to-the-future

How you earn, spend, save, and invest can grow climate solutions faster. Let's work on it together?