March Capital Managing Partner Jamie Montgomery discusses enterprise cloud migration and cyber security tailwinds.
Prediction Open · timeframe Dec 2031
Montgomery: Edge computing startup could reach $40B to $50B in 10 years
“So we're building one company that we think will be the AWS of the edge. We think we can build a company that's worth 40, fifty billion dollars in 10 years.”
Insight
Montgomery: VCs should hold top companies longer via life cycle funds
“I think you want to own these companies forever. I mean, I think they're great companies, and you sell them, and you pay tax. Could we have more of a life cycle? Yeah, I think that's a lesson learned, that we probably could stay in these companies longer, and …”
Disclosure
Montgomery: March Capital puts 75% of fund capital into 10 companies
“We'll concentrate at the 15% in any fund in one company, and then 75% of our investments will be in 10 companies in a fund, and we'll monitor companies for a couple of years before we invest, so we really know them well, so.”
Assertion Partly supported
Montgomery: 70% of Russell 2000 companies disappeared over twenty years
“I mean, I think if you look at the loss ratio in the Russell, 2000 over the last 20 years, you know, about 70% of the companies went away, and if you bought the top 10 companies in the Dow 20 years ago, you'd be holding, you know, 20 cents on the dollar right …”
Prediction Not checkable as stated
Montgomery: Pandemic rate of tech adoption is not likely to repeat
“All of a sudden, we had five years of innovation adoption in six months, but it's not likely to be repeated in our lifetime.”
Insight
Montgomery: Venture is not zero-sum; great companies need $100M-$200M across syndicates
“It's not a zero-sum game in the venture business. Usually, you know, there's four, five, six investors in a company, and it takes a 102 hundred million dollars to grow a great company, and we're one of those investors.”