Some spicy takes on venture capital: - Saying that "seed has gotten expensive" or something and then pointing to a valuation - like "they used to be $10 million and now they're $20 million" - is bascially the same thing as people who say Stock A is more expensive than Stock B…↗

It's finally out! Been working on a blogpost with a couple LP friends on what good/great TVPI and DPI look like before fund term Simply put, how much of selling positions as a VC is a science and how much is art 👇↗