Mignano: USV Did Not Invest in Major Foundation Model Companies
Mike Mignano · Why Now is the Time for the App Layer | Why Startups Should be TokenMaxxing | Mike Mignano, USV · 20VC with Harry Stebbings · Jul 6, 2026 · at 29:09
Mike Mignano, General Partner at Union Square Ventures (USV), responds to host Harry Stebbings asking if USV missed out on investing in foundation model AI startups.
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“So, USV, again, I think has never been afraid to take a position, and I think USV maybe, ah, did not invest in any of the big model layer companies.”
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