Fred Wilson on the Venture Business and Convertible Debt

Sarah Lacy asks viewer questions to Fred Wilson of Union Square Ventures including: Whether venture capital still a home run business; why Wilson says “I won’t do (a convertible debt deal) I never have and I hope I never will;” his view on whether crowd sourcing funding will disrupt the industry; whether Twitter appreciates its developers enough; advice for entrepreneurs in other countries looking for US funding and how much salary a founder should ask for.