[randomnames]

Well, the discussion moved to the performance of USV from a much more general POV on the rhetorics of their industry.

> First, they're considered one of the best Series A firms in terms of financial returns. See: http://fortune.com/2011/06/06/venture-capital-returns-the-be....

This one is interesting as well / much more recent: https://www.cbinsights.com/blog/union-square-ventures-exits-...

> Second, they have an amazing reputation among founders. Check out the following survey, where USV was ranked 2nd out of 64 Series A firms in terms of who people wanted in their Series A round: https://www.cbinsights.com/research-venture-capital-series-a....

To be honest, I wouldn't much count on surveys of this sorts. People always refer to what they know....

My general sentiment shouldn´t be USV in in struggle - still, I would stick to the point that Series A VCs have problem, if they are not top in class (in terms of fund size). It´s a matter of probabilities and USV can just do less of deals...

[lpolovets]

Yeah, I agree with you on the challenges of being a Series A VC. If you are in the top 5-10 funds and have a great brand then you're set -- at least for the next 5-10 years. If you're #15 or #30 then it's a struggle and you starting experiencing a lot more adverse selection.