Naval’s GP, Ankur Nagpal, Breaks Down The Viral “USVC” Fund | E2284

This Week In Startups is made possible by: Render - https://render.com/twist Vanta - https://vanta.com/twist Northwest Registered Agent - https://northwestregisteredagent.com/twist Plaud - https://Plaud.ai/twist Have you wanted to invest in venture capital alongside your 401k contributions, but struggled to find a way to place a bet? Search no more, for the AngelList team has created USVC, a new fund that will accept investments of as little as $500 from folks who lack accreditation. USVC’s Ankur Napgal swung by the show to chat about investment strategies, access, fees, and just how illiquid the venture-like vehicle will prove to be. Jason and Alex were then joined by Jon Durbin, core contributor at Chutes, and Yash Goenka, co-founder and CEO of Humwork. Chutes is the most valuable Bittensor subnet, focused on aggregating GPUs to offer trustless AI compute. Humwork wants to help bring a human into your agentic workflow to unstick your agent when it runs into a hitch. The show closes with a news lightning round — enjoy! Guests: USVC USVC Portfolio USVC Prospectus (PDF) Chutes.ai Chutes on CoinMarketCap Humwork.ai Ankur Nagpal on X Jon Durbin on X Yash Goenka on X Companies and Topics: GameStop (GME) Ryan Cohen on X Amazon Shipping Services Cerebras Systems Spirit Airlines JetSuiteX / JSX Surf Air Matthew Prince (Cloudflare CEO) on X DeepSeek Chat Fictio.ai Micro1 Harvey Waymo Amazon Mechanical Turk Timestamps: 0:00 Intro + Plaud AI sponsor read (Jason demos the NotePin S) 1:20 Plaud: If your work depends on conversations — interviews, meetings, calls — you need a Plaud NotePin. You can check it out at https://Plaud.ai/twist and use code TWIST for 10% off! 3:04 Episode overview: USVC, Chutes, Humwork 4:09 Ankur Nagpal on USVC — What is a closed-end fund? 6:55 USVC structure: $500 min, no accreditation, quarterly redemptions 9:42 Northwest Registered Agent - Get more when you start your business with Northwest. In 10 clicks and 10 minutes, you can form your company and walk away with a real business identity — Learn…