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VC Fund Secondary: Buy the Winning Ticket at Halftime

Dave McClure

Stephanie Shorter

Stephanie Shorter

07.13.20
  • J-Curve
  • Liquidity
  • Secondary

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 VC
  • Portfolio
  • Power 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.

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