Here in Silicon Valley, we’re all about using lottery slogans with Ivy League veneer. After all, isn’t talking about “optionality” just a fancy way of saying “ya gotta be in it to win it?” And “asymmetric payoff” is just a spiffy way of saying, “hey, you never know,” right?
That’s why I was taken aback when I got invited to give a talk at the CFA Institute’s Annual Financial Analyst’s Seminar this summer. I mean, these are the cats that studied Greek during B-School so that they could do better in Advanced Derivatives class. Meanwhile, I’ve made a career of using ten-dollar words with my five-dollar brain; what could I possibly say about what is perhaps today’s least-loved asset class: venture capital? After all, a witty intro, a hoodie and a bag of Silly Valley pixie dust can only get you so far with that crowd.
To read the full, original article click on this link: A Dollar And A Dream: Making The Case For Venture Capital - Forbes
