Fred Wilson On The New York Startup Scene And Why Too Much Money Is “The Root Of All Evil” - Presented by: The Aol. On Network

When Union Square Ventures’ Fred Wilson took the stage today at TechCrunch’s Disrupt New York conference, he elaborated on a recent blog post about “the valuation trap” and argued that “too much money is the root of all evil.” He said today that there have been investments where the startup chose to take his firm’s money at a lower valuation than they could have gotten from another investor.



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