In the early days of the coronavirus pandemic, we’ve turned to all kinds of people — including virologists, Ph.D.s, and market analysts — to explain the challenges we face in the present. But who can help us better understand the next-order effects of this crisis?
Josh Wolfe believes that society’s outcasts are the ones who hold the secret to human progress. And he’s dedicated his life to spotting them early.
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Venture capital can be deeply complex, but most firms still operate off the familiar model: make smart bets and hope that one pays off in the unicorn hunt. For that very reason, many firms will only bet on businesses that at least have the potential to “be the next Uber” or at least enter unicorn territory.
Pitchbook recently released their quarterly venture monitor report. The 37-page report is full of insight, so we pulled out the key points for you here. (You’re welcome!)
Andrew Wilkinson has sold only two of the 20-plus companies he has founded. In a different world, one where private equity groups and hedge funds didn’t act like the private equity groups and hedge funds they are, he might have sold all of them.