The Goal for 2013
Found via @bryce:
WSJ: What is the most important issue that the venture capital industry faces in 2013?
@annimaniac: It’s the same issue that venture capital faces every year: Who will invest in the top 15 companies of 2013? That’s really the only question that matters.
+1. I completely agree.
But, what’s maddening about this paramount question is that we won’t know the answer until 2018. Venture has the longest feedback loop of anything I have ever tried to do.
Notes
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dcrollins reblogged this from thegongshow and added:
This is why I don’t do private equity anymore. That, and lack of liquidity. Exceptions made only for REITs and some LPs
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thegongshow posted this
