Our readingWhat is a korrent?
Venture capitalists are judged on the price they entered and exited at, not on the quality of the business they built.
Drawn from what Aswath Damodaran said
Subjectventure capital
What this subject means
venture capital Raising money and what it does to the product: the funnel that forces hard choices, and what happens without it.
Mental modelIncentives
In the views oninvestingunder our view: Venture investing's economics do not work the way its reputation suggests