The Startup Fred Wilson And Union Square Ventures Would Back Right Now

Fred Wilson, Union Square Ventures,, investor, startups, New York startupThe startup and venture capital world breathed a sigh of relief earlier this month when New York based venture capitalist, blogger extraordinaire and managing partner at Union Square Ventures, announced he was investing in Coinbase a startup that helps facilitate Bitcoin transactions. Sure Bitcoin is a hot commodity these days, just ask Ashton Kutcher, but there was more to it than that.

For many, Wilson’s investment in Coinbase was one of those big “signaling issues”. As most know, Wilson has been in a two year slump with investments while he tried to figure out what the next big thing was.

His firm, Union Square Ventures, did just fine with investments and made some great bets during Wilson’s cool period.

So what’s next more Bitcoin startups? Wilson has always been one to go ahead of the curve, so undoubtedly whatever he invests in next will go to that record. Wilson just saw an exit with Tumblr, for which he was an early investor.  Some of their other great investments include Boxee,, Twitter, Twilio and countless others.

Regardless of what’s actually in the pipeline, we can tell you for certain, if you read Wilson’s personal blog,, if you’ve got a team of college graduates who’ve developed the next thing that’s going to stop Google, and big hint here’s it’s not Bing, Wilson would go all in.

In a tribute to his daughter Jess who just graduated from College earlier this week, Wilson acknowledges the fact that he and USV often bet on college drop outs but he writes;

“Dropping out of college is all the rage today in startup land (even dropping out of high school). And when it comes to our business, we really do not care if someone went to or graduated from college. We have funded many college dropouts and will continue to.

But there is also something to finishing something you started. ”

So just to be clear, Wilson will still bet on dropouts but I’m willing to bet a college graduate team may have a special place in his heart these days.

As for what’s stopping Google, Wilson also wrote a short, sweet and to the point post called “Running the table”. In the post he talks about how Microsoft “ran the table” with desktop computing, Apple did it with mobile computing and Facebook did it with social networking. That was until Apple and the internet stopped Microsoft and Twitter stopped Facebook.

As for Google, Google is trying to run the table with the “entire fucking internet” and Wilson wants to know “Who Will Stop Google”.

So if you’ve got a college graduate team ready to stop Google, you better get that deck in front of Wilson.

Read Wilson’s blog daily.  Got that startup ready, make sure your business plan submission includes a clear description of your operations and current progress and take it on over to Union Square Ventures, 915 Broadway, 19th Floor, New York, NY 10010, make it interesting, Wilson’s a busy go.

Here are Wilson’s Venture Capital Do’s & Dont’s 



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