HVF stands for "Hard Valuable Fun". It was founded in 2011 as the umbrella project for all of Max Levchin's data-focused undertakings. Its core thesis is that data is becoming our most plentiful, and most under-exploited commodity. The insights mined from it will unlock enormous productivity gains, create efficiencies where none existed before, and meaningfully improve lives. HVF is the catalyst of that transformation.
Building on the core thesis, HVF searches for opportunities that create value by leveraging data. This takes form of rapid prototyping of internally-generated ideas, getting together with the brightest minds in the many industries that will benefit from the data explosion, looking for (and at) interesting data sets and sources, and developing companies that will shift industries forward.