Credistick

All value created by venture capital, in any vintage and every category, is downstream of the industry’s ability to recognise brilliant individuals and ideas.

What does a founder friendly investor actually do?

Wall street bubbles; – always the same (1901) Udo Keppler The technology industry has always celebrated scale.

The importance of a common vocabulary in venture capital Many of the debates within venture capital are driven by nothing more than the lack of standard terminology.

Venture capitalists have a bad habit of overanalyzing the status quo and plotting their strategy around “new normals”.

Private markets have inherited the curse of myopia It’s a long held belief that public markets may be a poor environment for innovation because of the short-term focus driven by meeting quarterly targets.

The future will be funded by solo techno-capitalists It’s night in Amsterdam, morning in Silicon Valley.

The megafund narrative of the last few years has been that these firms provide a solution to the big institutional LP allocation problem; you can park a huge pile of cash and get private market exposure with returns above the cost of capital with minimal…

Debunking the supply constraint of “great founders” “Increases in venture fund-raising which are driven by factors such as shifts in capital gains tax rates appear more likely to lead to more intense competition for transactions within an existing set of…

Polish-American scientist and philosopher Alfred Korzybski is remembered for his statement, “the map is not the territory”.

Accelerated payoffs incur a debt against the future “Serendipity is not always about a single incident at a particular point in time, but requires tenacity, resilience, and the ability to see the bigger picture.”