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How does Early-Stage Venture Capital Perform in a Recession?
We are drowning in information, while starving for wisdom. —E.O. WilsonI am not afraid of storms, for I am learning how to steer my ship. —Louisa May Alcott
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.
feedback loop is very fast in retail, but for a brief period, Tyco was experiencing huge demand for their product despite end consumer demand that was no longer there.
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.
Like most things, though simple, it is not easy. After all, the map is seldom the territory.To hammer this home, below are two things Venture Capital is decidedly not:If you are funding a company to “pour gas on the fire” and replicate/scale already-validated results, that is not venture capital. If you are funding a company to “run the same,... See more