Recode Radio presents Recode Decode, hosted by Cara Swisher, powered by digital media.

Hi, I'm Cara Swisher, executive editor of Recode, and you're listening to Recode Decode,

a podcast about tech and media's key players, big ideas, and how they're changing the world we live in.

This is our special weekly segment with host Peter Kafka, Recode's senior editor and producer at the Code Media Conference.

Joining Peter each week are some of his favorite movers and shakers in the media world, Peter,

who would you chat with in the media world this week?

This week I talked to Albert Venger, who's an investor at Union Square Ventures,

which is well known for investing in properties like Twitter, Tumblr,

Albert's invested in four square and some other interesting businesses,

and also he's got a very interesting perspective on the way that the venture capital should work,

and how companies should structure themselves, and if that sounds sort of esoteric,

he explains it in a much more coherent version than I'm doing right now.

So he's a coherent venture capitalist.

He's a coherent and thoughtful venture capital.

Oh, that's unusual.

Yeah.

It's like a unicorn.

All right then.

I'm Peter Kafka and I have a really cool job.

I get to talk to smart people and then try to pass their thoughts off as my own.

And what I thought I'd do today is sort of skip that step and just bring a smart person on directly to talk to you guys.

Meet Albert Venger, and you are a partner at Union Square Ventures,

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