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.
Aman, thanks for the feedback. I agree none of the things I muse about here are easy to implement. I'm trying my best personally. Good point re: time-to-feedback and graduation rate. I agree there are leading indicators, altho the stickler in me is always wary of giving/getting too much credit for paper returns. Appreciate you reading and sharing your thoughts.
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.
Aman, thanks for the feedback. I agree none of the things I muse about here are easy to implement. I'm trying my best personally. Good point re: time-to-feedback and graduation rate. I agree there are leading indicators, altho the stickler in me is always wary of giving/getting too much credit for paper returns. Appreciate you reading and sharing your thoughts.
I've seen this play out many times. Great insights here!
Still golden @esteban. Bring back the blog!
Love it - great post and a ton of insights for anyone raising capital. Seasoned or not. Appreciate you sharing!