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Union Square: Open Venture Capital

Fred Wilson of Union Square Ventures, a New York venture firm, has done a great job opening up the financial drivers for VC firms. For other venture guys his comments may be nothing new, but for most entrepreneurs they represent an excellent and somewhat rare insight into the VC black box.

Why is this important? Entrepreneurs can greatly improve their prospects of getting venture funding and of a good relationship with their VC partners post funding by taking the time to understand what motivates a VC.

Read Fred’s posts on the venture model behind Union Square here and here.