USB

3 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Apr 26, 2024 by Jared Hecht · across every show →

Everything said about USB, oldest first

Apr 26, 2024 neutral
Disclosure
Hecht: USV avoids consensus deals and never leads $30M Series As
“Part of it is it's a small fund, which means that like, we don't do heat seeking things. Like if a company is extremely hot and kind of down the middle and consensus, and it's, you know, someone wants to write a thirty million dollar series, a check another th…”
Jared Hecht Apr 26, 2024 ▶ 38:07 Founder of Fundera (Nerdwallet) & GroupMe (Skype/Microsoft) Path to VC | Jared Hecht, USV · Sourcery with Molly O'Shea
Apr 26, 2024 positive
Assertion Not checkable as stated
Hecht: USV provides pro-rata bridge support 100% of the time
“I've seen this firm support companies when they need to be bridged, when they need to, an entrepreneur needs USB to do its prorata in order to look good or to get somebody else on board a hundred percent of the time.”
Jared Hecht Apr 26, 2024 ▶ 35:19 Founder of Fundera (Nerdwallet) & GroupMe (Skype/Microsoft) Path to VC | Jared Hecht, USV · Sourcery with Molly O'Shea
Apr 26, 2024 negative
Disclosure
Hecht: USV avoids investing in companies requiring gatekeeper permission
“USB doesn't really love to invest in companies that require permission to do the thing that they want to do. Like we don't like to have to help entrepreneurs slog through dealing with a bunch of gatekeepers. We like when they can go directly to the end custome…”
Jared Hecht Apr 26, 2024 ▶ 25:48 Founder of Fundera (Nerdwallet) & GroupMe (Skype/Microsoft) Path to VC | Jared Hecht, USV · Sourcery with Molly O'Shea
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