Chapter
The State of the VC Industry in 2021
32:03 - 39:41 (07:38)
The venture capital industry is likely to have a low average return in 2021, with 80% of funds potentially having negative net returns. High entry prices could hurt returns in the long run, but firms with a good track record or brand may still raise a significant amount of capital due to the asset class's perceived importance.
Clips
The speaker believes that 2021 may not be a good year for Venture Capital, if the trillion dollars raised is reverted to the mean, it may only return 1.6 trillion dollars.
32:03 - 33:21 (01:18)
Summary
The speaker believes that 2021 may not be a good year for Venture Capital, if the trillion dollars raised is reverted to the mean, it may only return 1.6 trillion dollars.
ChapterThe State of the VC Industry in 2021
EpisodeE117: Did Stripe miss its window? Plus: VC market update, AI comes for SaaS, Trump's savvy move
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Early stage venture investing has low average returns with a high risk of negative returns, but the key to success is in the individual companies within a portfolio rather than the industry as a whole.
33:21 - 39:41 (06:20)
Summary
Early stage venture investing has low average returns with a high risk of negative returns, but the key to success is in the individual companies within a portfolio rather than the industry as a whole. Despite the risk, venture investing remains a popular asset allocation strategy for many investors.