Comment on The Anti-PortfolioparentComments−consz8yStartups all look different, so a good VC can be better than a bad VC if they just know which differences to look for.I don't think this is an obvious claim. There's no strong evidence that VCs are capable of differentiating good startups from bad.−joshuamorton8yVCs manage to turn a profit?−consz8yMy understanding is VCs (as an industry) fail to beat the S&P500 returns, so no, they don't turn a profit.
Comments
I don't think this is an obvious claim. There's no strong evidence that VCs are capable of differentiating good startups from bad.
VCs manage to turn a profit?
My understanding is VCs (as an industry) fail to beat the S&P500 returns, so no, they don't turn a profit.