Saved by David Bloom
Enmeshment in Venture — Laconia
Why new VC funds offer the greatest opportunities in Venture Capital
Francesco Perticarariblog.francescoperticarari.com
A structural issue in venture capital is the disconnect between the long term feedback cycle of exits, and the short term feedback cycle of markups & "heat". VC is largely a popularity contest of whose companies are "hot" long before they exit: getting quick follow-on rounds, making splashy hires, being mentioned on Forbes & BI... See more
Ed Suhx.comVenture capital has delivered great historical returns but is illiquid and hard to access. Fortunately, innovation does not occur only at venture-backed startups.