Limitless: An AI Podcast

Owning the Future: USVC Explained with Ankur Nagpal


Listen Later

This 20-min convo with the General Partner of USVC explains how you can invest in Anthropic, OpenAI, and other private deals.

Until now, it's been extremely difficult to invest in SpaceX if you're not an accredited investor.

USVC is trying to change that.
$500 minimum. No accreditation.

A real fund holding:
- SpaceX (20% via xAI)
- Anthropic
- OpenAI
- Crusoe, Vercel, Sierra, Legora

We unpacked:
- the backlash
- how the fee structure actually works
- why NAV matters (a lot)

------
🌌 LIMITLESS HQ ⬇️

NEWSLETTER:    https://limitlessft.substack.com/
FOLLOW ON X:   https://x.com/LimitlessFT
SPOTIFY:             https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQ
APPLE:                 https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890
RSS FEED:           https://limitlessft.substack.com/

------
TIMESTAMPS

0:00 Intro
0:47 The Purpose of USVC
3:02 NAV and Pricing
8:20 OpenAI Case Study
10:02 AngelList
12:07 Fee Structure Explained
14:03 Portfolio Overview
17:57 Roadmap

------
RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

...more
View all episodesView all episodes
Download on the App Store

Limitless: An AI PodcastBy Limitless

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

72 ratings


More shows like Limitless: An AI Podcast

View all
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

536 Listeners

The a16z Show by Andreessen Horowitz

The a16z Show

1,105 Listeners

Unchained by Laura Shin

Unchained

1,203 Listeners

Real Vision: Finance & Investing by Real Vision Podcast Network

Real Vision: Finance & Investing

905 Listeners

The Breakdown by Blockworks

The Breakdown

738 Listeners

The Pomp Podcast by Anthony Pompliano

The Pomp Podcast

1,833 Listeners

Bankless by Bankless

Bankless

1,046 Listeners

The Wolf Of All Streets by Scott Melker

The Wolf Of All Streets

242 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,254 Listeners

Dwarkesh Podcast by Dwarkesh Patel

Dwarkesh Podcast

551 Listeners

Raoul Pal: The Journey Man by Real Vision Podcast Network

Raoul Pal: The Journey Man

127 Listeners

Moonshots with Peter Diamandis by PHD Ventures

Moonshots with Peter Diamandis

602 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

150 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

475 Listeners

AI + a16z by a16z

AI + a16z

34 Listeners