VC Fund Secondary: Buy the Winning Ticket at Halftime Dave McClure Stephanie Shorter 07.13.20 J-CurveLiquiditySecondary Skip the J-curve. Buy at a discount. Cut the VC fund in half.
99 VC Problems But A Batch Ain’t One: Why Portfolio Size Matters For Returns Dave McClure 05.22.15 How to VCPortfolioPower Law Unicorns happen only 1-2% of the time, so portfolio size should include a minimum of 50-100+ companies to have a reasonable shot at capturing these elusive and mythical creatures.