Juan Orbea

One of the most important things a General Partner (GP) needs to consider early on when starting a venture fund is their portfolio construction strategy. Portfolio construction will impact nearly every aspect of running a fund, including return performance. 

Hard times call for furious dancing

Put simply, humanity might last for an incredibly long time. The lifespans of other species suggest there might be hundreds of thousands of years ahead of us, and the Earth will remain habitable for hundreds of millions of years. If human history were a novel, we may still be living on its very first page.

Bill Browder, MBA '89, founder and CEO, talks about Hermitage Capital Management's investments in Russia and the fall out from the widespread corruption that still pervades Russia's economy.

The lessons to take from Buffet’s career, letters, etc. is not what criteria do I use to analyze stuff to buy, rather, where to get the capital to buy that stuff with. Don’t blow yourself up.

In short, the networks of human connections in your life create a force that guides you down a path not always fully of your intention, through the mechanism of 100s of small interactions.Further, this “network force” compounds over time. The longer your relationships, cliques, and communities persist, the more they shape your destiny.