3 questions reported in Union Square Ventures interviews, organised by the group that asks them. Every question carries a model answer and graded feedback on your own attempt.
Questions
Easy · Medium
Hard
Model builds
Built in the spreadsheet grid
Founder assessment, market sizing from first principles and ownership maths. 2 questions
Tests whether a candidate can connect a single seed cheque to fund-level portfolio construction.
Your fund invests $1.0m for 10% ownership at seed. Why might it reserve capital for follow-ons, and when should it refuse to follow on?
Tests whether you understand what venture is actually optimising for.
A $200m seed fund makes 30 investments. How does it return 3x to its investors, and what does that imply about how you should evaluate any single deal?
Reference calls, technical diligence, term sheets and preference stacks. 1 question
The hardest recurring decision in venture, and a strong test of judgement.
A portfolio company is burning cash, growth has stalled, and the founder asks for a bridge. How do you decide?
Write your answer, get it graded on technical accuracy, completeness and communication, and see exactly which mechanic you missed.
Company tags reflect where a question type is commonly reported in interviews. They are not sourced from, endorsed by, or affiliated with Union Square Ventures.