[stitchy]

I'm curious why Fred Wilson would proclaim to the world that investing in his VC firm isn't going to give you the return that you're looking for these days. Is there a short term gain for him that I'm not seeing? Or is Wilson genuinely trying to change an industries path with a few words of wisdom? I'm not suggesting that his advice is bad. It seems to make sense to me.

[jusben1369]

One of us missed something here. I did not see Fred saying investing in his firm is not a good idea. I saw him talking about VC's in general having a poor return and thus putting investors on the fence. It's probably safe to assume that with Fred's profile and track record he's not personally struggling.

[notatoad]

Maybe he's just trying to manage expectations?