Hi Casters. I wrote about some "inside VC" topics this morning. You may or may not find this interesting. But if you are in VC, particularly early in your career, you should give this a read.

Hi Casters. I wrote about some "inside VC" topics this morning. You may or may not find this interesting. But if you are in VC, particularly early in your career, you should give this a read. https://avc.xyz/reserves,-recycling,-and-returns

Tks for sharing! Curious to hear your thoughts on equal reserves amount allocated per company Vs allocating reserves in a pool and doubling down on winners. Although there’s selection risk (false positives), do you think it’s worth running that risk.

business, sports, crypto and fintech.
@monashees

You want to do more of the latter. But you have to do some of the former too