Strong Opinions @marksbirch: Dumb Money VC Firms
Sorry Mark Birch, you just don’t get VC. Hopefully, in coming years you’ll have as much success closing additional rounds. With VC, a firm only lasts as long as it can keep raising rounds, regardless of whether you like its investment thesis or not. I’m really interested to see over time if they can keep up the momentum. Personally, I think their proposition is unique and I’ll leave it at that.
“Correlation Ventures said it closed an initial $165 million venture capital fund that will leverage its predictive analytics to offer entrepreneurs and lead investors co-investment decisions within two weeks. The fund was oversubscribed and ended up 10% above its target…
(Source: pehub.com)
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hgcp reblogged this from marksbirch and added:
Sorry Mark Birch, you just...VC. Hopefully, in coming years you’ll have
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marksbirch reblogged this from caterpillarcowboy and added:
You can have an investment thesis, but there are no amount of statistics or predictive analytics that can pick winners...
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jryu posted this
