Tom White

Put simply, the Global Financial Crisis produced some of the best Venture Capital vintage years in modern history. A great deal of this value accrued to those GPs and LPs who deployed capital during the crisis’ nadir.

By definition, you will likely succeed a vanishingly-small percentage of the time, but—as the saying goes—that’s a feature, not a bug. The point is to venture—fistfuls of money in hand—at the furthest extremes of capitalism, hoping to stumble upon that rare, proper intersection of technology and commerciality.By design, most investments will miss... See more

Analysis and synthesis, Goethe liked to say, should be alternated as naturally as breathing in and breathing out. Such breathing is natural; such thinking uncommon.

The world is being forcibly reconfigured by at least three concurrent revolutions: a geopolitical revolution driven by the rise of China; an ideological revolution consuming the Western world; and a technological revolution exacerbating both of the former.Geopolitically, a decent understanding of what is happening, if not of its full extent, has... See more