3 ms·
Very true. Seed versus growth versus pre-IPO versus PE have very different goals and volatility profiles. It may be more accurate to compare a16z to a moderat
by mathattack 10y ago
Very true. Seed versus growth versus pre-IPO versus PE have very different goals and volatility profiles. It may be more accurate to compare a16z to a moderately leveraged bet on an S&P, NASDAQ or tech index.
It also can take a fund or two more to really tell. The strength of places like KPCB is their performance over time. One of the few asset classes where the best persist over long periods.