π§π» Vinnie Lauria
@vlauria
π§π» 3x dad, world citizen, 2x SiliconValley ex-entrepreneur
ππ± VC (80+ portfolio: 11 loss, 9 unicorns, 2 IPO) @GoldenGateVC
π @KauffmanFellows @Tsinghua_Uni
ID:8620
http://goldengate.vc 12-10-2006 02:01:19
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Heard from VC LPs this week. Some sound bites from LPs in a π§΅π
β90% of the people doing VC have no real chance of achieving real alpha. Historical DPI shows thisβ
βAnd most forget how much price matters. The whole strategy is built around cheap option bets w/ massive upsideβ