Levy: Follow-on checks generate higher IRRs at lower risk than initial investments
Anton Levy · 20VC: The Two Largest Changes in the Investing Market Today, Why The Scarce Resource in Venture is Access & Why Investors Are Acting Mostly Rational and Upside Scenario Planning Needs To Change with Anton Levy, Co-President @ General Atlantic · Oct 5, 2021 · at 26:24
Anton Levy, Co-President at General Atlantic, explains the financial rationale for shifting firm culture toward pressing winners with follow-on capital.
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“The returns on the follow on checks. End up being so much higher return and higher IRR for lower risk.”
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