Allocator’s Notebook: Union Square Ventures Funds I-III, 2004-2015
In an industry of outliers, many allocators have ignored outliers for a long time and preferred funds that are sustainable, process-driven , big enough to scale relationships, often to settle with 3x returns over 12 years with no clear path to liquidity.
An Allocator's Manifesto: Setting the Stage
- He says that Jake and Evan asked them questions around the path to monetization and potential distribution deals with mobile handset manufacturers, and liked the USV answer of no distribution deals, just scale product and let the world come to you. Fred and Brad showed up and shook the hands of like-minded founders, and it worked.
Allocator’s Notebook: Union Square Ventures Funds I-III, 2004-2015
I wasn't planning on sharing this today but since the news leaked, I feel obliged to comment:
I've raised over $200M in my career and have learned a lot about what works & what doesn't.
This time around, I decided to do a few unconventional things. First, I decided to forgo the silly... See more
Dan Sirokerx.com