fredwilson · HackerTrans

fredwilson

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8 lat temudiscuss

So much?

All of it

9 lat temudiscuss

yes, without all of downsides of traditional DRM solutions

9 lat temudiscuss

that is not accurate. we did not invest in Uber because we passed on the opportunity in the Srs B.

my comments about Uber have nothing to do with that decision, which sure looks foolish in hindsight.

my comments are more about what i think is going on now.

i hope that clarifies things

9 lat temudiscuss

Yup

9 lat temudiscuss

Yes

9 lat temudiscuss

Yes

9 lat temudiscuss

Yes

9 lat temudiscuss

Thanks for laying all of this out. I guess we will have to do more of this to get this crew here to understand what I'm trying to explain

9 lat temudiscuss

This is not a pro VC argument. You may want to believe that. But that's not what I'm trying to say

9 lat temudiscuss

This is not a pro VC argument. You may want to believe that. But that's not what I'm trying to say

9 lat temudiscuss

This is not a pro VC argument. You may want to believe that. But that's not what I'm trying to say

9 lat temudiscuss

I wrote this from the heart. You can ascribe whatever agenda you want to believe. But I wrote this for founders and it is based on thirty plus years of working with founders. I don't want to see them get screwed and notes screw them over a lot

10 lat temudiscuss

we (USV) are the VCs who invested in DDG. we are very patient. and are happy to wait and see where this goes. this was a very small investment for us so there is no pressure on them from us.

10 lat temudiscuss

it asks a question. or several. so i can learn. it was not designed to say anything. it was designed to stimulate conversation so i can learn and others can learn alongside of me.

10 lat temudiscuss

i pimp everything, so i guess that means everything is a dud. i am an equal opportunity pimper. i plan on pimping again tomorrow on AVC

10 lat temudiscuss

i accept your criticism even though i don't agree with it. but i can assure you that i have not hosted any obama dinners :)

10 lat temudiscuss

yup. that is all i wanted to say. i agree with the president.

10 lat temudiscuss

I agree and we are betting on that with the investments we've made in the past four or five years since we stopped making broad horizontal investments

But I feel that even more dramatic upside is available in the less developed world

11 lat temudiscuss

my blog is my public diary. i write it for myself for the most part. if people choose to read it, that's their choice.

11 lat temudiscuss

Benchmark has been on a tear in VC not seen since KP did it in the mid/late 90s. they are absolutely the best in the business right now