Big Winners and Bold Concentration: Unveiling the Secret Portfolio Returns of Leading Venture Funds
Why new VC funds offer the greatest opportunities in Venture Capital
Francesco Perticarariblog.francescoperticarari.com


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
Kauffman Fellows • Venture Fund Portfolio Construction | Journal | Kauffman Fellows
David Clark responded to my tweet that median fund size for fund returners was $350M and many funds >$1b