portfolio theory
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Apr 4, 2022 by Steve Papa · across every show →
Everything said about portfolio theory, oldest first
Apr 4, 2022 negative
Papa: VCs succeed through luck and portfolio theory, not picking genius
“The thing about venture capital is you have folks that are wrong more than half the time, yet claim their geniuses that they knew exactly the right companies to pick. It's really portfolio theory. That's their friend. They're getting lucky. It'd be much more h…”