Tren Griffin @trengriffin I work for Microsoft. Previously I was a partner at Eagle River, a private equity firm established by Craig McCaw. I am on the board of directors of Kymeta. Sep. 15, 2019 1 min read

"We know that venture investments result in a power-law distribution of outcomes. And so one or two companies will determine the returns in a given fund." Fred Wilson  https://avc.com/2019/09/the-hit-rate/ 

"What matters most in VC is your 'at bats per home run.'' ... dividing the number of times a player comes to bat by the total number of home runs achieved. That is, the frequency with which the VC gets a return of more than ten times her investment." Kupor  https://25iq.com/2019/06/08/secrets-of-sand-hill-road-venture-capital-and-how-to-get-it-know-venture-capital-before-you-get-married-to-a-venture-capitalist/ 

"VCs have a portfolio, and they want to have big wins. For entrepreneurs, it’s their whole life, and let’s say you raised five million bucks, and you have a fifty million dollar offer. That is usually where tension comes.”

Chris Dixon  https://a16z.com/2015/01/18/12-things-learned-from-chris-dixon-about-startups/ 


You can follow @trengriffin.



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