Selling Twitter Stock Is Prudent, Says Early Investor Fred Wilson

The 2011 TechCrunch Disrupt conference is underway and the New York-based venture capitalist Fred Wilson of Union Square Ventures (USV) is enjoying a fireside chat with TechCrunch co-editor Erick Schonfield.

Wilson’s firm have been early investors on many successful startups, including Foursquare, Zynga, Etsy, FeedBurner, Disqus and, of course, Twitter, and he was pushed by Schonfield on whether USV had sold any of their Twitter stock in the secondary market. Like some other backers.

Wilson’s response: um…  maybe?

“I don’t want to say what we’ve done, but I wouldn’t argue with any of the reports out there,” said Wilson, adding, “We certainly wouldn’t sell stock in a company that the founders haven’t yet sold.

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