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When he said that his firm owns less than 10% of a company and it will probably end up as the biggest payoff in his portfolio, I assumed he was talking about Tw
by jbenz 17y ago
When he said that his firm owns less than 10% of a company and it will probably end up as the biggest payoff in his portfolio, I assumed he was talking about Twitter. But in the comments, he rules that out by saying "We own more than that of Twitter". Interesting. Maybe it is Etsy? Any other guesses?
He also says "I am calling bullshit on it and will do it to your face." Wow, really laying it down there.
- fredwilson 17y agoyeah, i probably am gonna regret that. i wrote the post on my blackberry on the eliptical trainer at the gym and i was sweating hard when i got to that point. probably too much adrenaline.
- dotcoma 17y agodel.icio.us, I would guess. Nobody know yet if Twitter is ever going to make a penny :)
- jamie 17y agoProbably zynga.
- jasonlbaptiste 17y agoMy guess is Zynga. At first it was Etsy, but Zynga is already raking in the revenue BIG time and could go public soon. Etsy seems to be doing very well, but Zynga seems a more surefire bet. They were also in early on Etsy and the deal terms were most likely more lucrative for USV. Zynga though had Mark Pincus involved, good amount of other investors,etc, so I could see a 10% stake.