Agree and if you haven’t, I suggest checking out Dave Wharton’s book just out which reads as a memoir + business guide: “Another Way: Building Companies That Last,” with related critiques and recommendations.
Venture capital is no longer what it once was. Of course, there was the Pope, Arthur Rock, and he was different. there are no Arthur Rocks any longer. But what followed Rock were Valentines, Kleiners, etc. These folks had actually participated in building companies from the ground up, developed confident investing strategies (in particular, Don Valentine) and then built some marvelous companies. A16Z is a rarity in today's environment, at least for the name partners. When a fund is managing $1B, it is more accurately an asset management firm, and has different priorities.
agree? disagree?
Agree and if you haven’t, I suggest checking out Dave Wharton’s book just out which reads as a memoir + business guide: “Another Way: Building Companies That Last,” with related critiques and recommendations.
I love Dave Wharton! he was a mentor of mine when I was in college and is the first person to tell me about venture capital.
I love the synergy. He is here in Sun Valley too.
Venture capital is no longer what it once was. Of course, there was the Pope, Arthur Rock, and he was different. there are no Arthur Rocks any longer. But what followed Rock were Valentines, Kleiners, etc. These folks had actually participated in building companies from the ground up, developed confident investing strategies (in particular, Don Valentine) and then built some marvelous companies. A16Z is a rarity in today's environment, at least for the name partners. When a fund is managing $1B, it is more accurately an asset management firm, and has different priorities.
^Gold^ Thanks Auren