Saved by Jay Matthews
Generalist Capital: In Search of Epics | The Generalist
A capital allocator would need to have two things happening simultaneously.
- Limited fund size: The fund would need to be $150M or less, or otherwise, you’ll be back to being wholly subject to the power law.
- Equity optionality: Investors in a startup utilizing this product need to be able to get returns even if the outcome is smaller. That would req
Evan Armstrong • Venture Capital Is Ripe for Disruption
Why start a fund?
Brianne Kimmel • Page Not Found | Framer
Speculative investment, with ambitious but inexact expectations of financial return, is important fuel for founders who build the unknown future. However, investors and operators are often deeply misaligned: investors think in bets, while operators think in consequences. The relationship is tense, but can be explosively productive.
Alex Danco • Debt is Coming
I'll be writing about the generalists taking over the world (from the specialists) in a future newsletter. But suffice to say, in todays world if you've learned to solve problems across different roles and industries you have a leg up. If you've been around you can cross-pollinate your skills and expertise from different fields into new insights. A
... See more