20VC: USV’s Albert Wenger on What Elon Musk Should Do with Twitter | The State of Crypto Today; The Impact of SBF and Why Now is the Best Time To Invest in Crypto | Are We Too Late to Save The Climate and Why Civil Disobedience is Required | Will TikTok be Banned & Why?
Posted on 23rd January 2023 by Harry
Albert Wenger is a managing partner at Union Square Ventures, one of the most successful venture firms of the last decade with a portfolio including Coinbase, Twitter, Twilio, Etsy, and many more. Before joining USV, Albert was the president of del.icio.us through the company’s sale to Yahoo and an angel investor (Etsy, Tumblr). He previously founded or co-founded several companies, including a management consulting firm and an early-hosted data analytics company.
In Today’s Episode with Albert Wenger We Discuss:
1.) From Failed Startup Founder to Leading VC:
How Albert transitioned from being a failed entrepreneur to being one of the most respected venture investors with USV today?
What were the clear signs for Albert that he was not a good entrepreneur?
Why does Albert believe this downturn is different compared to the dot-com bubble? Why was there more hope and promise coming out of the dot-com bubble?
2.) Income Inequality, The Rise of Depression & The Role of Politics:
Why is income and wealth inequality more concerning than ever? Why does Albert believe universal basic income is the right solution?
Why is mental health worse than ever? What can be done to improve this?
Why are our politicians failing us? What should our politicians be doing?
How does the rise of Trump show us what society is looking for in politicians?