USV sticks to basics with a $166.8 million early-stage fund

Even in an uncertain market, top venture firms seem to have no trouble locking down huge capital commitments from their investors. This week, Accel announced $2 billion in funding. Last week, Lightspeed Venture Partners announced $1.2 billion across two new funds. GGV Capital is meanwhile raising two funds totaling more than $1 billion. Union Square Ventures, the 13-year-old, New… Read More...