Weissman: VC funds only need a few right decisions per fund
Andy Weissman · 20VC: USV's Andy Weissman on The Future of The VC Industry, Why USV Does Not Vote On Investment Decisions & Why VCs Should Be Invisible · Sep 11, 2017 · at 8:47
Andy Weissman is a partner at Union Square Ventures (USV). Recounting advice from partner Brad Burnham after missing a promising deal, he reflects on the power-law economics of venture capital.
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“Well, that's okay because with this business, we actually don't have to be right every time we have to make a decision just a couple times each fund.”
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