As Populist as it May Feel, 98% of VCs Aren’t Dumb
Both Sides of the Table
MAY 25, 2013
“I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” But as an LP you can’t count on that any more than VCs can. The goal of an LP is to get into the top decile. In 2000 our industry had more than $100 billion in LP money.
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