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Aman Verjee's avatar

This is very well done, and it's in a VC best interests to improve decision-making (though not always in their interest or easy to make that more transparent to the founder). The time-to-feedback is really a lot shorter than 11 years ... if the ratio of companies that gets to the next round should is les than 30% within 2 years, the fund is likely to be in big trouble.

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Albert Santalo's avatar

I've seen this play out many times. Great insights here!

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