I've invested in 35-40 different venture funds. The single best fund, by far, has returned 7.89x. For every $100,000 invested, they returned $789,000. And they aren't done yet. Sub $100m fund, tons of QSBS, couple unicorns, 4+ IPOs. When venture works, it really works.↗

Vibe I am getting without referencing data: A lot of VCs and founders are realizing right now how hard it is to build a truly generational company It is still 100% possible, it’s just still very rare. The glut of VC funding in the 2010s era was predicated on the idea that t…↗