A Venture Capital History Perspective From Jack Tankersley
Feld Thoughts
AUGUST 25, 2015
Most losses happen when you combine Market and Product risk – take one, not both, and take it with a proven entrepreneur. Also in the 80’s, the megafunds were created (at the time defined as $100 million plus); the LBO sector outperformed venture through financial engineering; asset gatherers, such as Blackstone, were created.
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