Luke Skertich is continuing a piece on how to structure a late stage portfolio in VC [PART 2]
Summary:
Want to make a killing in the late-stage tech market? It's not as easy as it seems. Sure, it's similar to traditional investing, but don't be fooled - there are crucial differences like the power law of returns, shorter holding periods, and the need to capitalize on asymmetric information. To increase your chances of success, diversify your investments into a basket of credible deals, focus on the top 10% of your portfolio, and seek out unique opportunities. And don't forget to take advantage of mis-pricing and recycle your capital for even greater gains. With these strategies, you'll be a tech market pro in no time.
Full Story: HERE
Might me useful:
Reference:
- https://www.linkedin.com/in/lukeskertich/
- https://medium.com/@luke.skertich/concentrated-or-bust-the-case-for-late-stage-diversification-in-vc-part-ii-abf2af65dc14
- https://visible.vc/blog/understanding-the-power-law-curve-of-vc/
- https://www.investopedia.com/terms/h/holdingperiod.asp
- https://www.failory.com/blog/late-stage-venture-capital-firms