Twitter Conversation & Reading Recommendations from Pmarca.
For a long time I was confused about how VC’s work, especially given my reasonable level of mathematical competency. I had to get to the bottom of it.
Most of the VC’s I tweeted on twitter couldn’t answer the questions that had arisen from me having studied a history VC returns and financial instruments.
I posed the following tweet to pmarca, a prominent Silicon Valley investor, a successful VC, and one of the only reasons I log on to twitter. He gave me a solid response and a lot of useful reading recommendations which I think could be standard reading for finance plebians like me. It cleared up a lot of my misperceptions about VC funding. Full twitter conversation here.
Marc Andreessen Replied and Recommended These Readings:
The other day my co-founder, Dan Carroll, asked me a number of questions about Venture Capital returns because he was…blog.wealthfront.com
One of the most challenging things for people outside the technology world to understand about venture capitalists is…blog.wealthfront.com
The funding of almost every new and successful technology market can, to the uninitiated, have the appearance of a…blog.wealthfront.com
Amazon.com: Venture Capital and the Finance of Innovation, 2nd Edition (9780470454701): Andrew Metrick, Ayako Yasuda…www.amazon.com
How returns are affected by time and multiple.
You only make real success by swinging for the risky.
If you enjoyed this high level post and want to see more then Follow me on twitter, recommend this article, and I’ll keep writing them. Cheers.