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A Beer Drinker's View of the Venture Industry

Genuine VC

A Red Hook IPA didn’t taste like a Sam Adams Lager or the Belgium-style ale at your local brewpub – all of which were very different than a Bud Light. The elite top-tier firms have a sustainable competitive advantage with both entrepreneurs (and LPs alike) given brand, a vast network, and self-reinforcing success.

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Why So Many Small Emerging Managers Don’t Use Placement Agents

David Teten

Although not a placement agent charged with raising the money, this person was an important and critical member of the team and was a key factor in helping us to keep track of where we had been and where we were going – ‘If it’s Tuesday, it must be Belgium.’ ”. Typically less helpful for LPs to talk with intermediaries. .