This was incredibly thorough. Felt like I had some part of this list covered when I was evaluating myself (What did I bring to the table? Was I good enough? How would LPs evaluate me?) as I stepped into venture and I did again as I was deciding on a firm to join. I wish I had this list then!
The nuance included here for the “riskiest sub section of the riskiest sub section of asset classes” is what makes it so on point and complete. Thanks for putting it together.
"As an allocator, risk is the one word you can never run away from. You have to define it, price it against the relevant upside and recognize that it is always there, lurking in every opportunity." What an opener! Brilliantly said.
This was incredibly thorough. Felt like I had some part of this list covered when I was evaluating myself (What did I bring to the table? Was I good enough? How would LPs evaluate me?) as I stepped into venture and I did again as I was deciding on a firm to join. I wish I had this list then!
The nuance included here for the “riskiest sub section of the riskiest sub section of asset classes” is what makes it so on point and complete. Thanks for putting it together.
Worth a read, word for word. Did a thorough check, indeed it is only 7times you mentioned "risk" before that place if a pause.
Super valuable for emerging investors, emerging LPs, and everyone wanting to better understand that dynamic.
I am curious why 5X specifically?
"As an allocator, risk is the one word you can never run away from. You have to define it, price it against the relevant upside and recognize that it is always there, lurking in every opportunity." What an opener! Brilliantly said.