The nature of VC is to build portfolios. The success and failures of individual companies within that portfolio matter very little- what matters a lot more is whether the lessons learned and knowledge/IP generated can spill over to other portfolio companies to eventually produce winner(s) somewhere.
The success of the portfolio is what matters to the firm, and the returns are what matter to the LPs.
It is what it is, so entrepreneurs should use it for what it is. The hype over the past decade has been ridiculous.
The success of the portfolio is what matters to the firm, and the returns are what matter to the LPs.
It is what it is, so entrepreneurs should use it for what it is. The hype over the past decade has been ridiculous.