Does Your VC have an Investment Thesis, or a Hypothesis?
David Teten
MARCH 18, 2021
Public theses are often inconsistent with how firms actually deploy capital. A typical VC thesis: “we invest in tech startups in Europe at an early stage” However, our experience shows that in many cases: . “Europe” means a handful of countries, for instance, France, UK, and Germany. Occurrences.
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