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“Venture capital is not an asset class.” Ian Sigalow explains why diversification in venture can actually LOWER returns — and why only a small number of firms consistently matter. One of the clearest explanations of venture power laws and allocator behavior I’ve heard. Full conversation on YouTube.

David Weisburd 🚀

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960,427 次观看 • 2 个月前 •via X (Twitter)

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