Ball: LPs should select core managers rather than attempting to time vintages
Jamin Ball · Ed Sim & Jamin Ball: Did Figma Kill M&A Markets & 3 Requirements to IPO in 2024 | E1101 · 20VC with Harry Stebbings · Jan 10, 2024 · at 1:10:52
Jamin Ball, Partner at Altimeter Capital, discusses venture capital vintage timing strategies for limited partners on 20VC.
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“And I would say picking vintages from the LP side is, is really hard. The, you know, the, in my opinion, right? Like the right approach is pick a manager and pick managers and manager selection right now is more important than ever and invest across those kind of that small set of managers, like across vintages and kind of like, that's the better way to diversify versus let me try and pick a vintage you know, and manage around that. I think that generally leads to kind of like missing some of the best vintages, right? Market timing is very hard in any asset class.”
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