Valleywag
New York's most successful internet investor, Fred Wilson of Union Square Ventures, should give up on his day job. Wilson — an investor in companies such as Geocities and Delicious, and one of the more readable VC bloggers — made more money from the townhouse he owned in Manhattan's Greenwich Village than he has from any recent investments. The New York Post says that the double-width property on West 10th Street, pictured here, sold for $33.14m — a record for downtown Manhattan, and more than four times the reported purchase price in 2000. (We only had the listed price, before.) The only hitch: Fred Wilson's moving into a new townhouse in the same ridiculously expensive neighborhood, and he's lost none of his enthusiasm for high-tech home improvement. So it's not like he's cashing in his real-estate winnings.
A killing in Greenwich Village
New York's most successful internet investor, Fred Wilson of Union Square Ventures, should give up on his day job. Wilson — an investor in companies such as Geocities and Delicious, and one of the more readable VC bloggers — made more money from the townhouse he owned in Manhattan's Greenwich Village than he has from any recent investments. The New York Post says that the double-width property on West 10th Street, pictured here, sold for $33.14m — a record for downtown Manhattan, and more than four times the reported purchase price in 2000. (We only had the listed price, before.) The only hitch: Fred Wilson's moving into a new townhouse in the same ridiculously expensive neighborhood, and he's lost none of his enthusiasm for high-tech home improvement. So it's not like he's cashing in his real-estate winnings.
11:34 AM on Tue Apr 3 2007
By Nick Denton
1,257 views
