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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 b
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Is There a Climate Fund?
At USB, we've always taken the approach of being very clear about what our thesis with a specific fund is. We don't have a growth fund, for example, we have a fund that we call the opportunity fund. It's not a chase the hot deal kind of funds for money and companies we miss. And people sometimes say, why do you have three separate funds? Because it forces discipline. If you raise one big fund, you can be less disciplined,. And if you have three vehicles where you have a very specific thesis for each vehicle, and each time you can ask yourself, does this fit with the thesis? Or I have too much money. "I think there's another
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