For those of you VCs following along at home, Paul Kedrosky has just published his Top 10 Limited Partner Lies. It nicely complements Paul’s Top 10 VC Lies. I see a future for Paul on The Letterman Show.
I’ve gotten several emails recently from folks complaining that their VCs are wasting their legal spend on changing indemnification agreements. What is going on and why is this important? Mike Sullivan at Howard Rice has the best plain English explanation that I’ve seen: Let’s say you’re a VC and you sit on the board of […]
I’ve received some requests to see the materials from the presentation last week. Video should be arriving at a later date, but for now, here are the slides.
Today’s best post is from Fred Wilson and is titled Investing In Thick and Thin. Once again, Fred totally nails it. "Our approach is to manage a modest amount of capital (in our case less than $300 million across two active funds) and deploy it at roughly $40 million per year, year in and year […]
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