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Why Kirsten Green Might Not Invest in the Next Warby Parker
A year ago, I made a weird bet: that you could raise venture capital to buy boring old businesses—and scale them like tech startups
Most the VCs I pitched said their LPs wouldn’t get it
Now those same firms are raising billion-dollar funds on this strategy
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Jeremy Yamaguchix.com
In 1993, Jensen Huang pitched a startup idea to his former boss, Wilf Corrigan. After Jensen’s pitch, Wilf said, “I have no idea what you just said. That was one of the worst pitches I’ve ever heard.” Wilf then called the renowned venture capitalist Don Valentine, and said, “Don, I’m going to send a kid over to you. He’s one of the best employees
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