Union Square Ventures: Anyone who has been to our site before will notice a very different look and feel today. When we launched Union Square Ventures last year, we put up a web site that described who we were, how we saw the market and where we planned to invest. Today, we are still the same people, but the market we invest in is changing rapidly and we learn so much every day about the market that the investment thesis on our prior site already seems dated. We thought about updating our thesis, but realized that we would find ourselves in the same place six months from now. We realized that our thesis evolves incrementally as a result of our dialogue with the market, and that the best way to manage that was to accept that we would never get to an answer, so we should just publish the conversation. The best way to do that is with a blog. So here it is.
Thanks to Steve Rubel for the pointer.