added by sari · updated 2y ago
Betting the Firm
- For entrepreneurs in today’s environment, talent, not capital, is the limiting factor in company building. Finding and recruiting talent is also the core task of venture capital investing, building a research lab, or managing a university.
from Tyler Cowen is the best curator of talent in the world by kulesa.substack.com
sari added
- Funds taking a more concentrated approach and investing in fewer companies most likely are assuming that one of their investments has an extremely large outcome while the rest either go to zero or whose exits are much more modest. This is called the power law dynamic and historically, this can be seen happening often in venture capital. Funds takin... See more
from Venture Fund Portfolio Construction | Journal | Kauffman Fellows by Kauffman Fellows
Juan Orbea added