Our Industry
topic on 4 shows · 7 statements across 6 episodes
Capital Allocators 
Top Founders 
All-In 
20VC
7 statements about Our Industry, every show
Eichhorn: Asset management generational handoffs usually destroy founder-successor relationships
“I think when things go from Gen One to Gen Two in our industry, people don't even speak to each other, much less we have dinner.”
Chamath: VC industry historically returns $1.60 per dollar raised
“Over many cycles where we've had high rates and low rates and medium rates, our industry typically returns a dollar 60 for every dollar it raises.”
Mac Conwell argues rolling funds reflect a lack of VC innovation
“I think rolling funds are another sign of the lack of innovation in our industry, right?”
Gulati: The ability to cut risk quickly is lacking across the industry
“Being able to cut risk and move on
Is one of those traits that's often talked about, but lacking in a lot of our industry.”
Berntsen: Allocators Have a Higher Bar for Re-Evaluating Discarded Managers
“And in our industry, we see so many opportunities that revisiting something we've discarded actually has a higher bar than looking at something new, which is also kind of an interesting behavioral bias.”
Berntsen: The Investment Industry Unfairly Penalizes Managers for Changing Their Minds
“Our industry tends to penalize changing your mind because it's seen as some sort of weakness or vulnerability, but actually changing your mind is the most logical thing ever if the evidence is changing as well.”