I’ve always believed the best early-stage founders are artists – they're obsessive about new and unusual things, they feel compelled to bring creation into the world, and they are often misunderstood for long periods of time–even lifetimes. Building businesses is their art.
The venture ecosystem went from cottage industry outsider to institutional insider – from a nascent practice to a consensus component of institutional portfolios. The result has been the industrialization–and bankerization–of venture. Firms that make dozens or even hundreds of investments per year, relentlessly focused on assets under management, u... See more
Pierre Bezukhov: I want to discover... everything! I want to discover why I know what's right and still do what's wrong. I want to discover what happiness is, and what value there is in suffering. I want to discover why men go to war, and what they really say deep in their hearts when