99.4% of venture firms do not make any consistent venture style returns for their limited partners. On top of that 2-year post IPO value of technology stock are generally deep under water. Which means that the […]

The problem with the NVCA is that it refuses to face reality. More than 99.4% of venture firms do not produce venture style returns on a consistent basis, and even if they do, they fail to produce social economic […]

You made that point at my website and I not only tagged it as off topic but also as utter nonsense. Since I am not the moderator here, I will demonstrate a little bit more patience. With statistics you can prove […]

I strongly disagree with pretty much every statement Mark makes, and has made. I don’t know how you can defend dismal venture performance and structural economic dysfunction amid an 80% untapped greenfield of […]

Thanks Larry. Not yet, but technology tells me they have read the article. You will need to appreciate that when they do contact me I will help them, rather than spill the beans on a public forum. So, their call […]

Thanks Frank, but I am not a believer in some unrooted conspiracy theory (albeit empirically sometimes tempting).

I know and hear from my sources that most in the venture business really don’t know what to do […]

Not quite Eric. The economics of venture are broken, something you discover only at a certain scale of the asset class.

So, no high hopes for Tom, who most likely was the proverbial turkey in the strong winds […]

Frank,

Thanks for your comments.

Your remarks suggest this VC mediocrity is merely temporal, yet VC has been in a subprime state for 20-years (first in bull, then in bear state). As such it has […]