Our readingWhat is a korrent?
The median venture capitalist has produced no more excess return than the median mutual-fund or private-equity manager.
Drawn from what Aswath Damodaran said
What these subjects mean
venture capital Raising money and what it does to the product: the funnel that forces hard choices, and what happens without it.
investing Putting money into markets on purpose: what a portfolio is for, whether active management earns its cost, and what money is actually a means to.
In the views oninvestingunder our view: Venture investing's economics do not work the way its reputation suggests