AVC · 12 October 2026 · Additional Read

The Short King Is Dead, Long Live The Short King

Fred Wilson, GP @ USV

USV defends its larger new funds ($500M core, $400M opportunity) against criticism that it has abandoned early-stage focus; argues it can lead bigger rounds while remaining founder-focused and thesis-driven, citing Duolingo and Etsy as proof of single-digit-billion exits returning entire funds.

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Topics: Venture Capital & Startups

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