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It’s Morning in Venture Capital

Both Sides of the Table

There are obvious reasons the industry has had less-than-desirable returns, including: massive over-funding of the sector, huge increases in inexperienced venture capitalists that took a decade to peter out, and the massive correction in the value of the public stock markets that closed many exit opportunities for half a decade.

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Incredibuild gets $140M to speed up games and other software development with distributed processing tech

TechCrunch

Nor is distributed computing a new concept: it’s the basis of a lot of peer-to-peer architectures such as those devised early on by the likes of BitTorrent, and it’s equally something that has been taken up by the blockchain community. 6 investors on 2021’s mobile gaming trends and opportunities.

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How to Find a Job as a VC Scout: Compensation and Which Firms Are Recruiting

David Teten VC

All VCs, including us, regularly see investment opportunities which don’t fit our mandate. We’re launching our own scout program, and want to benchmark compensation and structure against our peers. The easiest way to work with and for VC funds is to become a part-time scout, getting paid for sourcing investments.

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Asset Management Is a Peculiar Industry Ripe for Disruption

David Teten VC

Hedge funds on average have underperformed on a net of fees basis in both US equities and bonds since 2000. “ One summer day, probably in the 1870s, friends of a major short-seller got together on the shores of Newport, Rhode Island, where they admired the enormous yachts of New York’s richest brokers. The HFRI Index returned 18.3%

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For tech firms, the risk of not preparing for leadership changes is huge

TechCrunch

Yet we found that tech execs appear just as unprepared for C-suite transitions as their peers in other sectors. Tech firms generally are younger than other companies of a similar size, which partly explains why the median age of S&P 500 companies plunged to 33 years in 2018 from 85 years in 2000, according to McKinsey & Co.

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The Case For & Against Cryptocurrencies (for those tired of all the noise)

Both Sides of the Table

The reality is that cryptocurrencies can be both and can be liberating and corrupting at the same time. So I’m going to try and do a single sitting riff of how I’ve viewed the topic as I’ve watched the cheerleaders & naysayers from the sidelines. It’s pretty tough to have a view on cryptocurrency if you don’t have a history of currency.

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Looking Back: Life Lessons From a Nun

Entrepreneurs' Organization

Sure, I lost a lot of money in 2000 with my grossly mismanaged company, but do I need to carry that burden forever? I can choose to focus on words like “waste,” “loss” or “fail”… or I can choose to focus on words like “learning,” “preparation” and “opportunity,” just like my mom did when she transitioned to a new life. It’s moving on.