fredwilson

So much?

All of it

yes, without all of downsides of traditional DRM solutions

that is not accurate. we did not invest in Uber because we passed on the opportunity in the Srs B.

my comments about Uber have nothing to do with that decision, which sure looks foolish in hindsight.

my comments are more about what i think is going on now.

i hope that clarifies things

Yup

Yes

Thanks for laying all of this out. I guess we will have to do more of this to get this crew here to understand what I'm trying to explain

This is not a pro VC argument. You may want to believe that. But that's not what I'm trying to say

I wrote this from the heart. You can ascribe whatever agenda you want to believe. But I wrote this for founders and it is based on thirty plus years of working with founders. I don't want to see them get screwed and notes screw them over a lot

we (USV) are the VCs who invested in DDG. we are very patient. and are happy to wait and see where this goes. this was a very small investment for us so there is no pressure on them from us.