How Venture Capital Tries and Fails To Rewrite Reality
ez.substack.com
Venture Capital - investing in earlier, riskier private companies in the hope that they’ll be worth something more in the future - is inherently built on trying to see the future. The “great" VCs are graded not just on their ability to put money into companies, but on the advice that they give and the connections they make to other people - ranging from simply making an introduction to directly having a hand in hiring a C-level person. A smart VC is someone that’s able to see a trend before everybody else, and put in a good amount of money so that an exit - say, selling the company to someone else or taking the company public - nets them a massive return.
How Venture Capital Tries and Fails To Rewrite Reality
How Venture Capital Tries and Fails To…
How Venture Capital Tries and Fails To Rewrite Reality
Venture Capital - investing in earlier, riskier private companies in the hope that they’ll be worth something more in the future - is inherently built on trying to see the future. The “great" VCs are graded not just on their ability to put money into companies, but on the advice that they give and the connections they make to other people - ranging from simply making an introduction to directly having a hand in hiring a C-level person. A smart VC is someone that’s able to see a trend before everybody else, and put in a good amount of money so that an exit - say, selling the company to someone else or taking the company public - nets them a massive return.