Investors in Venture Capital funds are presented with a dilemma: top-decile performers capture most of the asset class's alpha, yet it's quasi-impossible to get access to established funds with stellar track records. Many turn to "younger" firms, called Emerging VCs, with various fates. The "super power law" is even more entrenched in this category, where| The VC Factory › Mindset-Based Investing
Starting with this quote from YC's Jessica Livingston, I explore VC herd mentality, show how Founders can leverage it, and how VCs should manage it.| The VC Factory | Mindset-Based Investing
The legendary Investor Arthur Rock, who practically invented Venture Capital, drilled entrepreneurs to understand how lucid they were about their venture. Isn't overconfidence a force in entrepreneurs?| The VC Factory › Mindset-Based Investing
In this post, I dive into the relationship between VCs and risk, showing how elite VCs leverage the power law to generate exceptional returns.| The VC Factory