Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
The venture capital investment cycle provides a cluster of good returns for a few years surrounded by long tails of disappointing results. We continue to trudge along a long road of distressing performance.
Venture capital funds have been unable to sell or float their portfolio companies.
Recent fund investment performance has been unimpressive.
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