Venture University’s Third Cohort is rapidly coming to a close after a whirlwind quarter, and the Fourth Cohort is kicking off the first week of April. In less than three months our five deal sourcing teams (Consumer, Enterprise, FinTech / Blockchain, Healthcare, and Frontier Tech) vetted almost 2,000 deals, held over 1,000 startup meetings, and…
Venture funds only make money when they place bets. Investors who seek a well-diversified portfolio will add a venture allocation as part of a capital appreciation strategy to achieve “alpha” (exceptional, non-correlated returns). It's the VC’s job to find opportunities that will hit it big and to be capable of taking the risk. In…
During a surprisingly candid Moneyball-esque discussion in Chicago, a number of proposals on how to change venture so it better serves Midwestern startups concluded with: “but that’s not venture.” Hours later, after exhausting nearly every metaphor comparing the Oakland Athletics’ sabermetrics precision to the San Francisco Giants’ home run flash, the intriguingly unanswered question became:…
“X” serves a wide range of functions in the English language. It often represents the unknown, an uncertainty, masked in mystery and intrigue. Which is why the “X” factor, in its various forms, is frequently the hottest topic within the venture capital industry. The mystery of “X” touches everything from assessing the opportunity, to the…
January is when even a football novice would sit up and take note if Bill Belichick and John Madden walked into a room to break down the current state and strategies of the NFL. As someone who had to Google John Madden to make sure he was still alive, my 2019 Super Bowl moment was…
