Only two or three truly transformational companies emerge in every VC cycle
Scott Malpass · Scott Malpass – The Fighting Irish's Twelfth Man (Capital Allocators, EP.25) · Sep 18, 2017 · at 38:29
Scott Malpass, Chief Investment Officer of Notre Dame, explains to Ted Seides that despite an explosion of venture players, top-tier outsized returns remain concentrated.
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“But if you really look at What are the companies that really become big and sustainable? Every cycle, there's only two or three. You know, the Googles, you know, the Facebooks. There's only a couple, and those tend to be funded by the same people.”
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