Press Space to continue
Curated tech posts from X on AI, startups, and product development—signal without the doomscroll, updated on weekdays.
Press Space to continue
Press Space to continue
Why is velocity of capital more important than multiple of capital? “Historically they were 10, 12-year funds. Now they are 15, 18-year funds. You get your money back in 15 or 18 years, and let’s say you are up 15X. If you were in a growth equity fund that was up 3X in six years, and you did that three times, over 18 years you would be up 27X. What we are really after is the velocity of capital, not just returns on capital. I am trying to optimize for the biggest pile of money for our…