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Colin
@colin
Is it common for VC firms to keep pivoting their thesis and focus areas? Now it seems “headless marketplaces” are where certain funds are doubling down on. Previously it was points, and before that generically consumer social. Seems better to have a core thesis vs just ride the current hot thing?
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derek
@derek
It's common for the middle of the bell curve of firms, yes. Not necessarily a bad thing and happens for a number of reasons: talent turnover, market shift, etc. The top 15% don't normally pivot theses, and the bottom 15% don't have theses at all, much less one that changes. (Caveat: experienced founder perspective)
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Ben - [C/x]
@benersing
5000 $degen
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derek
@derek
🫡 ty sir
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