Re:Definitions on the Economics of VC
by roymurdock on Monday September 12, 2016 @08:53PM
(#12484933)
Is it odd?
The vast majority of investments in this world are safe and boring. People like to get excited/infuriated about the risky, semi-shady, gritty startups that ran the gauntlet and the VCs that were clairvoyant (read: lucky?) enough to get in at the ground level.
You can make a compelling story out of a startup/VC success replete with heroes to emulate, lessons to learn, anecdotes of how close the company came to imploding. It's hard to make a story out of the ebb and flow of pension/institutional fund AUM.
The vast majority of investments in this world are safe and boring. People like to get excited/infuriated about the risky, semi-shady, gritty startups that ran the gauntlet and the VCs that were clairvoyant (read: lucky?) enough to get in at the ground level.
You can make a compelling story out of a startup/VC success replete with heroes to emulate, lessons to learn, anecdotes of how close the company came to imploding. It's hard to make a story out of the ebb and flow of pension/institutional fund AUM.