Mark Leonard Letters
Vertical Agnostic Operational Excellence — The Thoma Bravo / Vista of Consumer SaaS
Brett Bivens • The Consumer Subscription Roll-Up Opportunity
This podcast features the story of Constellation Software, a software conglomerate which owns more than 500 vertical market software businesses. It was founded by Mark Leonard (who amusingly started his career as a venture capitalist for 11 eleven years) in 1995 and has returned more than 100x to their shareholders since its IPO on the Toronto
... See moreJuan Orbea • Infopunk #3 – Poker Pros, Great Investors and Software Conglomerates
The central point of the post below is that risk is the product of venture capital, and some managers understand that better than others.
Many of the replies talk about the futility of 'financial engineering', and how concepts like portfolio construction are less relevant to early stage VC due to the greater... See more
Do want to know what to look for in an equity investment if you want to succeed in the long run?
Read this article by François Rochon.
François Rochon runs Giveryn Capital which has returned 15.7% annually since 1993. https://t.co/BLbcBe1vzJ