(somewhat controversial opinion) I would have rather heard you say that you do have an investment in Hackpad. Why don't you consider making an investment, especially if it brings value to you and USV?

As for conflicts of interest, I prefer to assume everyone has a conflict :) I follow ZH here: http://www.zerohedge.com/node/13972

> The reality is, critical readers should read analytic posts and the rest of [the internet] with the blanket assumption that the author is totally "conflicted." ... This turns the conversation to the content, and away from the author, the author's biography and the contents of their IRA account / blind trust. This (the content) is, of course, where the focus should be.