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I'm curious why Fred Wilson would proclaim to the world that investing in his VC firm isn't going to give you the return that you're looking for these days. Is

by stitchy 14y ago

I'm curious why Fred Wilson would proclaim to the world that investing in his VC firm isn't going to give you the return that you're looking for these days. Is there a short term gain for him that I'm not seeing? Or is Wilson genuinely trying to change an industries path with a few words of wisdom? I'm not suggesting that his advice is bad. It seems to make sense to me.

jusben1369 14y ago
One of us missed something here. I did not see Fred saying investing in his firm is not a good idea. I saw him talking about VC's in general having a poor return and thus putting investors on the fence. It's probably safe to assume that with Fred's profile and track record he's not personally struggling.
notatoad 14y ago
Maybe he's just trying to manage expectations?