First-time founders focus on product
Second-time founders focus on distribution
Lifetime founders focus on the mission
Second-time founders focus on distribution
Lifetime founders focus on the mission
Alex Bangash
@AlexBangash
Founder backing founders for companies, studios, and platforms.
963 Following 2.8K Followers 2.5K Posts
Latest posts 5
Gratitude is the single biggest indicator of integrity.
Early Stage VC is 100% power-law so
Diversification of returns matters less.
Individual investments have capped downside /exponential upside
Late-stage VC is increasingly a normal distribution w significant downside & capped upside
So diversification of returns matters
Diversification of returns matters less.
Individual investments have capped downside /exponential upside
Late-stage VC is increasingly a normal distribution w significant downside & capped upside
So diversification of returns matters
Hear @SamirKaul1 discuss dangers of conservatism in venture & importance of upside maximisation & not selling winners too early. As LPs @Beezer232 @MKRocks @AlexBangash how important is diversification of distributions vs pure cash on cash returns? buff.ly/2uOg0ZA #vc #lpView quoted post on X
Sometimes it is the very VCs no LP can imagine anything of who produce the returns that no LP can imagine.