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A Beer Drinker's View of the Venture Industry

Genuine VC

The famed business strategist Michael Porter described a set of successful general strategies which firms employ to achieve a sustainable competitive advantage: differentiation strategy and cost leadership strategy for those firms with a broad market scope, and a segmentation strategy for those with a narrow market scope.

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

David Teten

Empirically, few small emerging investment managers hire placement agents, particularly in venture capital. Private equity/venture capital managers have a much longer duration than most any other fund type. Further reading: 15 Steps to Fundraising for Your New Venture Capital or Private Equity Fund.