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The Hard Raise…I Know it Well

Fred Wilson talks about the ‘hard raise’ today on his blog. This part resonated most with me: One of the reasons hard raises can turn into great performers is that they often mean you are doing something others aren’t doing, you are early to an opportunity and others don’t see it. That certainly was the case with USV 2004. That’s the contrarian bet in action. I have been through periods of easy raises and hard raises.
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