It’s not hard to find people willing to write the narrative that “venture capital is not an asset class” or “venture capital has performed terribly.”
The most recent was 18 months ago or so called The Kauffman Report. It had an influence on the people who fund our industry in a negative way as many asset managers who fund our industry read this flawed report. That’s a shame because many of these people missed out on what will be a few great VC vintages.
To read the original article: Why Venture Capital is So Much More Compelling Now - Business Insider
