This is going to be BIG.

MAY 5, 2023

To put that timeframe in perspective, here’s a picture of analyst me taken at USV’s first office in 2005, dressed in khakis and a button-down shirt versus a picture of me, a GP at my own firm, over 100 deals later, now on my latest Zoom board call from my couch at home with my junior analyst of about a year and a half. No new investments.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

The Next Web

MARCH 8, 2014

From the standpoint of a founder, the life of a venture capitalist can seem very, very different. But at the end of the day, I’ve learned that being a partner at a successful early-stage VC firm is not quite as different from being a founder as you might think. It certainly did to me when I was an entrepreneur. Waiting game.

Partner 138

Partner Burn Rate Early Stage IPO 138

Altgate

MARCH 8, 2009

I say ecosystem as opposed to industry because it is not just the VC funds themselves that are imploding, instead the collapse includes entrepreneurs and startups that were funded by VCs, angel investors, service providers like lawyers, bankers and accountants as well as limited partner investors in VC funds. But some will be saved.

Later Stage 34

Later Stage Early Stage Venture Capital Portfolio 34