Coelius: Theoretical portfolio construction creates market inefficiencies in venture
Zach Coelius · 20VC: Why Portfolio Construction Is Inefficient, Why The Only Thing That Matters In Venture Is Pricing & The Future of Venture; Bundled or Unbundled with Zach Coelius · Jun 3, 2019 · at 15:25
Angel investor Zach Coelius criticizes rigid portfolio construction frameworks in venture capital on 20VC.
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“Portfolio construction leads to a bunch of inefficiencies that are great in a sort of theoretical world, but not in the sort of reality of this business.”
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