Hecht: USV avoids investing in companies requiring gatekeeper permission
Jared Hecht · Founder of Fundera (Nerdwallet) & GroupMe (Skype/Microsoft) Path to VC | Jared Hecht, USV · Sourcery with Molly O'Shea · Apr 26, 2024 · at 25:48
Jared Hecht, Partner at Union Square Ventures (USV), outlines the firm's core investment criteria and thesis around non-permissioned products.
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“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 customer.”
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