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Memos

bvp.com · 194 words · saved by 5 readers

At Bessemer, we published our Investment Recommendation Memoranda that we circulated years ago to glean patterns from our early-stage decisions.

Memos - Bessemer Venture Partners The Memos. Like the knight’s sword, the firefighter’s hose, and the lumberjack’s ax, venture capitalists courageously wield the memo. For VCs, learning from mistakes is easy. In fact, we make so many that we’re experts on what not to do . What’s hard is to learn from success. How did we spot those baby unicorns in the wild? Did we just get lucky? Because we really want to find more of them. To glean patterns from those particularly beneficial early-stage decisions (and sometimes just to nourish our fragile egos), we find it helpful to publish and scrutinize th

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