The dawn of a new startup era
What will the next wave of generational companies look like? What’s the shape of fund returners going to be, in the next decade? How will they affect startups formation and funds performance?
The Dawn of a New Startup Era September 2024 I’ve been thinking a lot, recently, about what the next wave of generational companies will look like. What’s the shape of fund returners going to be, in the next decade? How will they affect startup formation and VC performance? For the people involved in their creation, generational companies yield an economic outcome many orders of magnitude larger than the rest of the market. This requires making a highly concentrated investment in a belief when only a few others think it’s a good idea. By definition, if everybody agrees that something is worth
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