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My venture investing career has three phases, all roughly 6-8 years long. The FIRST, at Euclid, was SOFTWARE to Internet. The SECOND, at Flatiron, was Internet to bubble. And the third, at USV, has been web 2 to mobile. I have always used a new firm to denote a new INVESTMENT phase for me. Throw away the old. Start with the new.
Author - Fred Wilson Subject - Smile
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