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There are lots of ways to make money in venture capital, and there are even more ways to be mediocre. The industry has too much money and too many smart people chasing too few great entrepreneurs.
When you - when you - and this is still going on today - are making your money by pushing paper around, when you should be making your money by investing venture capital in various job-creating things, that makes it much harder to recover.
Where micro-finance focuses on small loans to individual, low-income women, think of Acumen Fund more like a venture capital fund.
When the venture capital industry invests, it's usually because they sense there is money in them hills. And often it takes a high-profile winner to wake everyone up in the category. SpaceX is that company.
For many imaginative writers, working for the press is a fact of their life. But it's best not to like it too much.
There are not many people from top-tier venture capital firms who are focused on the seed stage.
One can make the case that the New York venture capital industry is rooted in the 21st century, not the 20th.
I love theatre, and you learn too much as an actor and enjoy too much of it not to want to go back a lot.
Arcadia was a typical venture capital deal, but I'm the adventurer and the capitalist.