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Judging by his website, because of his extraordinary ability to vet tech opportunities. Check out the list on his Posse page - it's staggering.

mozumder 9y ago
I'd like to see a list of his investments that also includes the ones that failed, as well as the amount on each investment. Are there places that track this info among VCs?
- mbesto 9y ago
  Pitchbook, it'll cost you a few grand a year though.
  - rlucas 9y ago
    Pitchbook doesn't even come close to figuring out the actual invested amounts and returns across an investor's portfolio. Don't get me wrong; Pitchbook is good and I pay $$$$ for it. But it serves a company-centric intel need, not an investment performance measurement need.
    - sah2ed 9y ago
      > not an investment performance measurement need. Can you please expand on this? Genuinely curious as to what the metrics are in this case.
- rlucas 9y ago
  Yes, you can buy this from Cambridge Associates, and a few other "consultants." But it costs more than you would be willing to pay out of mere curiosity. Generally speaking, the institutional limited partners (LPs; pension funds, endowments, family offices, etc.) that invest in venture and private equity incur pretty significant costs to get third-party information about actual performance by managers (i.e. VCs). From largest to smallest, LPs might generally: subscribe to Cambridge's data and use it in-house with full time staff, or hire a consultant (like Cambridge) to assess and help select their managers, or pay a fund-of-funds a fee (on the order of 1%) to do likewise. The point of all that is: figuring out who is actually making money in VC, and guessing who is likely to continue doing so, is very non-trivial. It can't be done with publicly available, Crunchbase / Angel.co type data, much less a VC's own statements or portfolio listing page.
YPCrumble 9y ago
Perhaps I'm missing something, but is this the list you're referring to? http://markcubancompanies.com/index.html http://markcubancompanies.com/index.html What is staggering about that list? It looks pretty much like any list of a VC that has survived. One or two big but not tremendous plays like Dropbox and a lot of companies I haven't heard of before.
- chambo622 9y ago
  No, I believe they were referring to Sacca's investments: https://lowercasecapital.com/posse/ https://lowercasecapital.com/posse/
- mdekkers 9y ago
  Lol, Sacca has invested in some really "tremendous plays"
deleted 9y ago
[deleted]
mbesto 9y ago
> vet tech opportunities Sorry to snark, but the ability to vet opportunities isn't necessarily a skill that allows individuals to gain such a staggering list of investments. It's worth noting he improperly "vetted" Snapchat[0]. On the other hand, getting proprietary deal flow is. It would be easy to rank him at the top on that. [0] - https://twitter.com/sacca/status/837400028352151552 https://twitter.com/sacca/status/837400028352151552

mozumder 9y ago

I'd like to see a list of his investments that also includes the ones that failed, as well as the amount on each investment. Are there places that track this info among VCs?

mbesto 9y ago
Pitchbook, it'll cost you a few grand a year though.
- rlucas 9y ago
  Pitchbook doesn't even come close to figuring out the actual invested amounts and returns across an investor's portfolio. Don't get me wrong; Pitchbook is good and I pay $$$$ for it. But it serves a company-centric intel need, not an investment performance measurement need.
  - sah2ed 9y ago
    > not an investment performance measurement need. Can you please expand on this? Genuinely curious as to what the metrics are in this case.
rlucas 9y ago
Yes, you can buy this from Cambridge Associates, and a few other "consultants." But it costs more than you would be willing to pay out of mere curiosity. Generally speaking, the institutional limited partners (LPs; pension funds, endowments, family offices, etc.) that invest in venture and private equity incur pretty significant costs to get third-party information about actual performance by managers (i.e. VCs). From largest to smallest, LPs might generally: subscribe to Cambridge's data and use it in-house with full time staff, or hire a consultant (like Cambridge) to assess and help select their managers, or pay a fund-of-funds a fee (on the order of 1%) to do likewise. The point of all that is: figuring out who is actually making money in VC, and guessing who is likely to continue doing so, is very non-trivial. It can't be done with publicly available, Crunchbase / Angel.co type data, much less a VC's own statements or portfolio listing page.

YPCrumble 9y ago

Perhaps I'm missing something, but is this the list you're referring to? http://markcubancompanies.com/index.html http://markcubancompanies.com/index.html What is staggering about that list? It looks pretty much like any list of a VC that has survived. One or two big but not tremendous plays like Dropbox and a lot of companies I haven't heard of before.

chambo622 9y ago
No, I believe they were referring to Sacca's investments: https://lowercasecapital.com/posse/ https://lowercasecapital.com/posse/
mdekkers 9y ago
Lol, Sacca has invested in some really "tremendous plays"

deleted 9y ago

[deleted]

mbesto 9y ago

> vet tech opportunities Sorry to snark, but the ability to vet opportunities isn't necessarily a skill that allows individuals to gain such a staggering list of investments. It's worth noting he improperly "vetted" Snapchat[0]. On the other hand, getting proprietary deal flow is. It would be easy to rank him at the top on that. [0] - https://twitter.com/sacca/status/837400028352151552 https://twitter.com/sacca/status/837400028352151552