Too Long; Didn't Read
<a href="https://medium.com/@fredwilson" data-anchor-type="2" data-user-id="9d9e7084d6cb" data-action-value="9d9e7084d6cb" data-action="show-user-card" data-action-type="hover" target="_blank">Fred Wilson</a> frequently writes articles we read and retweet. It happened again earlier this week, when he discussed <a href="https://avc.com/2018/07/investment-pace/" target="_blank">his process for pacing his investments</a>. At a pace of one to two new investments per partner per year, Union Square Ventures will make five to ten per year, and maybe about ten to twenty within every fund they raise. USV sees many more deals than that, but they understand their constraints, and limit their strategy and pacing accordingly.