Callaghan: The role of venture capital is to maximize risk
Jon Callaghan · 20VC: Why Investors Have The Biggest Problem with Bias, Why Our Job Is To Maximise Risk & Why It Is Essential To Get Good at Losing with True Ventures Founder, Jon Callaghan · Sep 6, 2017 · at 10:28
Jon Callaghan, co-founder of True Ventures, presents his firm's thesis to LP investors on why venture capital must embrace extreme risk.
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“Our job is to maximize risk. That is the role of venture capital in the world is, I mean, we are the safe place in the capital markets to maximize risk and to do crazy things.”
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