VC – the visible bit vs the hard bit

Most people think that VC is all about the initial portfolio construction, selecting the companies to invest in.

…the other half. That includes actively managing the portfolio (board work, adding value, etc), it includes allocating capital to the portfolio in follow-on rounds, and it includes working to get exits. And it is that second part that is the harder part to learn how to do.

Reserves – AVC, January 8, 2017 at 01:49PM