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Semil
Coming into VC w/o investing experience, there were concepts that took me years to appreciate. Took ~4 yrs for "portfolio construction" to sink in; over 6 yrs for me to appreciate what writes on this morning, accumulating shares across rounds:
One of the many things that venture capital has taught me is the value of the long buy. What I mean by a “long buy” is buying shares in a company over a long period of time. We have investments where...
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Andrew Kemendo 2. velj
Odgovor korisniku/ci @semil @fredwilson
How is this different than the very common Dollar Cost Averaging strategy?
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