Andy Weissman
Managing Partner, Union Square Ventures. On 1 show, 1 appearance. The Shows tab opens the full record on each.
investorfounderexecutive@aweissman ↗blog.aweissman.com ↗
Andy Weissman is a managing partner at the New York-based venture capital firm Union Square Ventures, which he joined in 2011 to lead investments across digital technology and internet networks. Prior to USV, he co-founded the startup studio Betaworks in 2007, where he served as Chief Operating Officer.
1shows
1appearances
15statements
1resolved
0supported
0contradicted
0%fully supported
24said about them ↓ Everything Andy Weissman said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Weissman: Venture capital is a service business and VCs should be invisible
“By the way, I don't believe at a fundamental matter, I'm old fashioned in the way that I believe actually VCs should be invisible, you know, and so I know you ask this question to a lot of people, what would you like most like to change in the world of VC? I'v…”
USV does not vote on investment decisions, relying on consensus
“Well, as a firm, we do not vote. We have a conversation, and that conversation leads to a point where everyone is comfortable with the parameters of an investment”
Andy Weissman: Venture Capital Success Stems From Process, Not Foresight
“And so, I believe that a large, if not the largest part of that, is about the process you create to make those decisions, and if you have a process, and you perfect that process, and you stick with that process, sometimes it works, and that's luck, right? Whet…”
Weissman: Traditional VC works near-perfectly for software, but nothing else
“I believe on one point that early stage software technology based venture capital is a near perfect craft for what it does. And by that, I mean, it is a near perfect allocation of a certain type of capital, risk capital, into endeavors that are focused on retu…”
Weissman: ICOs act as an external catalyst for financing innovation
“Part of what is exciting about ICOs, if one believes in what's happening, and there are lots of Reasons to be skeptical is that they are resulting in an external stimulus for change in financing structures for a certain type of sector”
USV publishes a public blog post as its investment memo for every deal
“We're public about every investment we make. In fact, our investment memos are our blog posts. You know, when we make an investment every single time we write a blog post explaining why we made that investment, that acts as our internal and external investment…”
Weissman: VC funds only need a few right decisions per fund
“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.”
Andy Weissman: USV's fund structure has not changed in 30 years
“Because what we do is, in a way, we're very conservative in the structure, and we look like this, we look like the same VC, way VC firms looked 30 or 40 years ago. Our structure has not changed at all.”
USV has invested in quantitative funding models like CircleUp and Numerai
“We have made investments in other sectors where we believe the answer to that question may be yes. We've done that in consumer products with CircleUp. We've done it in quantitative hedge type financing with Numeri.”
USV repeatedly rejected Betaworks before making co-founder Andy Weissman a partner
“And as a New York company, we wanted what we thought the best and smartest and most empathetic venture investors in New York to invest in our company, which was USV, so we kept pitching them, and they kept saying no. They rejected my company as a business”
Andy Weissman: USV operates from one office to keep partners together
“So for example, I believe this is a methodology that works best when everyone is in the same room, so therefore we only have one office.”
Andy Weissman: USV invests in 8 to 10 companies annually
“So we view ourselves, and we don't invest a lot, you know, maybe eight or 10 times a year, so we're long-term, very engaged partners, so that means we reserve full amounts for our companies, and we generally keep investing in them.”
Andy Weissman: Capital recycling reduces effective management fee ratios for LPs
“Everyone wins with recycling. It's so good for your LPs. It's additional investment dollars that they're not paying management fees on, and so over the course of a fund, if you take gains and you reinvest it, that's more money that you're investing that lowers…”
Andy Weissman: USV recycled capital in each of its last three funds
“I think every one of our last three funds, I don't, can't recall a situation where we haven't recycled in the early stages of the fund”
The other half of the tape: Andy Weissman's own voice is left out of every number here. Other people bring the name up 21 times in 11 episodes across the shows. 3 statements on the record name them. every mention, with the transcript →
Who brings them up most Harry Stebbings 10Adam D'Augelli 3Peter Rojas 2Nicholas Chirls 2Jonathan Libov 2Fred Destin 1David Tisch 1
Statements about Andy Weissman, by other people (3)
Chirls: Andy Weissman and Bryce Roberts represent top independent VC alternatives
“This has changed over time, but right now probably Andy Weissman and Bryce Roberts. I think they represent many of the things that I just described about being the alternative to the big AUM firms. They think independently, and they have the guts to be themsel…”
Stebbings: YouNow has raised over $25M from USV and Venrock
“And to fund this immense growth, they've raised over twenty five million dollars in funding from some of the greats of the investing world, including Andy Weissman at USV, David Patman at Venrock, and a future guest on the show, I'm very excited to say, in the…”
USV partner Andy Weissman helped Notation Capital raise its first fund
“These folks were not just mentors in the sense that they helped me learn the business, but actually they helped us raise Notations First Fund in many ways, and so Andy Weissman has been has been a mentor to us, who's a partner at Union Square Ventures.”
Every mention by year
tap a year for its mentions
20VC 21
2026 6 mentions in 1 episode
2024 1 mention in 1 episode
2023 2 mentions in 1 episode
2019 3 mentions in 1 episode
2018 1 mention in 1 episode
2017 1 mention in 1 episode
2016 2 mentions in 2 episodes 1 per episode
2015 5 mentions in 3 episodes 2 per episode
- 20 VC 079: BETAWORKS WEEK: East vs West Coast Investing with Peter Rojas, EIR @ Betaworks, Co-Founder @ Weblogs & Engadget
- 20 VC 053: Inside Union Square Ventures with Jonathan Libov @ Union Square Ventures
- 20 VC 071: Pre-Seed Investing, Why Now Is The Best Time with Nicholas Chirls @ Notation Capital
- every mention in 2015, scene by scene →
One line per show, most statements first. The link opens Andy's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| 20VCLEDGER | Managing Partner, Union Square Ventures | 1 | 15 | 0% 0/1 | full record on 20VC → |