Dear America,
Starting today, on the 250th birthday of our country, millions of children will now benefit from a new & powerful American birthright - a privately owned investment account from birth. Every child a shareholder in the great American economy!
American capitalism is the greatest prosperity-creating engine the world has ever known. It has unlocked unprecedented abundance for our country and untold life-advancing innovation. From clean food & water to cars & planes to vaccines & cures to computers & phones. Through depressions & world wars, through panics & pandemics, betting on America has been the best investment in human history.
But far too many hardworking families feel like they are on the outside looking in - like the American Dream has become out of reach.
The Invest America Act changes all that. Signed into law by President Trump it establishes the Trump Accounts - launching today - making every child a shareholder from birth. Every account seeded with $1000 in America's best companies - making every child a direct participant in our stock markets & American capitalism.
But it doesn’t stop there. Representing the best of our civic traditions, an unprecedented outpouring of additional private contributions into these accounts is already underway. Billions of dollars have been committed by philanthropists & corporations to tens of millions of children across the country. A new form of massive, direct philanthropy & corporate benefits directly to America’s kids is just getting started. From adopting all the kids of a school or organization to a city or state. America is the most giving country in the history of the world - and Trump Accounts provide a new open source platform to enable anybody to contribute to anybody.
Trillions of dollars will compound in these accounts over the next 20 years.
But this is about more than just figures on an account statement. By investing in the next generation, our country is providing tangible opportunities to all future generations of Americans: an education, a first home, the ability to start a business, and the foundation for a lifetime of savings. Trump Accounts provide hope to those feeling hopeless - unlocking unlimited human potential.
Trump Accounts do this through a massive public - private partnership that empower the individual not the state. They double down on free market capitalist democracy by empowering the individual rather than growing dependency on government. Aligning citizens with capitalism rather than pitting them against it.
Perhaps of equal importance, let us not lose sight of the fact that this is a movement that unites our country. Despite the many issues that divide us, this one big idea brings everyone together. From the most conservative to the most progressive leaders, we have found people of goodwill willing to step up and do the right thing to help the next generation.
Trump Accounts represent the very best of our democracy and the American promise issued two hundred and fifty years ago today. I am grateful to all those who have partnered with us to get this far and we dedicate our tireless efforts to make certain that the Invest America Act achieves its maximum potential. Let us advance into the future with a renewed sense of confidence, optimism and restored faith in the American Dream for EVERY American.
Happy 250th Birthday, America!
Brad Gerstner
July 4, 2026
@TrumpAccounts@InvestAmerica24@WhiteHouse@MichaelDell
1/ I'm excited to announce that @Picogrid closed a $45M Series A, led by @BessemerVP.
We're building the open infrastructure layer for the military's growing arsenal of sensors, drones, autonomous systems, AI agents, and C2 software.
.@maintainx enters a definitive agreement to be acquired by @autodesk in a ~$3.6 billion deal!
Congratulations to Co-founders @CTurlica (CEO) and @dozoisch (CTO) on this milestone and opportunity to strengthen Autodesk's ability to connect operations workflows and real-world performance data within its unified platform.
Forge ahead!
cc: @bdeeter, @silicon_samuel
https://t.co/BvFBDhLyZo via @YouTube
Fred Wilson is one of the greatest VCs of all time. He is also my new partner at @USV and I'm lucky to say that. We've known each other for years, but becoming partners felt like a reason to get to know him even better.
So a few weeks ago, we walked around Union Square and caught up about what @fredwilson has learned over nearly 40 years of VC, how AI may be making the profession obsolete, how to build an investment thesis, why he believes the Knicks will win the NBA title this year, and a few of his long held grudges.
Here's a video of that conversation, set at Union Square, Madman Espresso, the USV office, and Leon's on Broadway.
Chapters:
3:22 - That time Fred wrecked Mike on Twitter
6:01 - Pre-Internet VC in NYC
9:50 - Early Internet Investing and Raising for Flatiron Partners
11:59 - The Dot-com Crash Killed Fred’s First Firm
14:28 - Fred’s Grudge Against Coffee Shop
16:35 - How to Pick the Right Team at Right Time
18:28 - AVC blog, Gawker’s Nick Denton, https://t.co/UTWtducKEc
20:44 - Jim Kramer invented Tweeting
21:46 - Why Fred Bet on Twitter Early
23:39 - Building Agents on Claude Code and Tasklet
26:20 - Claude Mythos and Doomerism
27:27 - The Original USV Thesis
29:19 - Network Effects and Brad’s Thesis
31:29 - Coinbase: Thesis, Investment, Outcome
33:18 - Investing in Decentralized AI
34:59 - Open Source AI
36:55 - AI Kill Zone: Legal AI is Dead, Energy Investments
42:37 - USV Agents Will Replace Its Partners
47:00 - Are VC’s building themselves out of a job?
48:30 - Leon’s, NYC’s New Tech Watering Hole
50:52 - Generative Art
53:18 - SOLIENNE: AI Artist trained by Kristi Coronado
54:25 - What About AI Scares Fred
55:40 - Societal Backlash to AI
58:10 - Advice to Early Career VCs: There’s More Risk in Not Doing Deals
1:00:48 - Fred’s Biggest Regrets: Saying No Because of Price
1:04:17 - Fred’s Bold Prediction for the Knicks and the Mets
“The best founders hold two conflicting beliefs at once. They respect the current system enough to understand why it works. They disrespect it enough to believe it doesn’t have to, and there are better ways”
It is with profound sadness that we share the passing of Bobby Weir. We send him off the way he sent so many of us on our way: with a farewell that isn’t an ending, but a blessing. A reward for a life worth livin'. https://t.co/2qdBbh80v1
📸 Chloe Weir
I have consistently found the best investors and founders are focused on "how strong is the strength" instead of "what are the weaknesses" when assessing people or ideas. Easy to say, hard to do.
"It's always a mistake to rule out somebody who's truly world class on a weakness, and it's always a mistake to invest in somebody who's not truly world class on a lack of weakness."