Really interesting article about the later-stage shift of VC

European postwar prosperity was built on financiers who had the means and will to make deep concentrated bets on companies, allowing their management a decade plus time horizon to build incremental innovation over that long period. 

This is the story from Swiss watchmakers to ASML.

Fascinating for me to see the same dynamic developing in the US. Note to self to write a blog about this this month. 

“Thrive says investing heavily in fewer companies provides a closer relationship with founders and more visibility into companies than some rivals might achieve.”

Really interesting article about the later-stage shift of VC

European postwar prosperity was built on financiers who had the means and will to make deep concentrated bets on companies, allowing their management a decade plus time horizon to build incremental innovation over that long period. 

This is the story from Swiss watchmakers to ASML.

Fascinating for me to see the same dynamic developing in the US. Note to self to write a blog about this this month. 

“Thrive says investing heavily in fewer companies provides a closer relationship with founders and more visibility into companies than some rivals might achieve.”

https://on.ft.com/3YTtRh4 