View from Seed

AUGUST 17, 2021

You’ll never have the staying power to commit when things get tough or to get really good and build real differentiation if you just keep jumping to the next new thing. I can tell a story looking backwards why our LP base was carefully constructed. This was in 2011, and I still remember that warning. I’m glad I didn’t listen.

IRR 205

IRR Dilution Founder Portfolio 205

View from Seed

AUGUST 17, 2021

You’ll never have the staying power to commit when things get tough or to get really good and build real differentiation if you just keep jumping to the next new thing. I can tell a story looking backwards why our LP base was carefully constructed. This was in 2011, and I still remember that warning. I’m glad I didn’t listen.

IRR 156

IRR Dilution Founder Portfolio 156

View from Seed

AUGUST 17, 2021

You’ll never have the staying power to commit when things get tough or to get really good and build real differentiation if you just keep jumping to the next new thing. I can tell a story looking backwards why our LP base was carefully constructed. This was in 2011, and I still remember that warning. I’m glad I didn’t listen.

IRR 136

IRR Dilution Founder Portfolio 136

The Equity Kicker

JULY 8, 2019

From around 2000, and perhaps coinciding with the need to work harder to win deals as opportunities dried up after the internet bubble burst, individual partners at VC firms began adding ‘helping CEOs win’ to their job descriptions. . The GP-LP structure used by most funds is a brake on innovation here too.

Portfolio 84

Portfolio LP Venture Capital Partner 84