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Venture capital funds are mostly just wasting their time and your money

ft.com

1–4 of 4 posts

Re: Venture capital funds are mostly just wasting their time and your money

#4

> The perhaps obvious catch is that power law applies just as much to funds as stocks. Just a handful of VCs generate nearly all of the sector returns. 80/20 rule in action

OTOH, indexation captures this while a manager does not...