venturecapital

I've just read that on linkedin. My comment:

Ideally it's a blend of both, with core allocation to established franchises across cycles and vintages. Because the LP-GP is about long-term human partnerships, there should be a consistent pocket committed to new and emerging managers because EVERY ESTABLISHED VC FIRM WAS AT SOME POINT A FUND I.

I've just read that on linkedin. My comment:

Ideally it's a blend of both, with core allocation to established franchises across cycles and vintages. Because the LP-GP is about long-term human partnerships, there should be a consistent pocket committed to new and emerging managers because EVERY ESTABLISHED VC FIRM WAS AT SOME POINT A FUND I.

https://www.ft.com/content/3a6a1ce4-a5cc-4180-9f2f-2665a7e08b1f?sharetype=blocked