> it would be great to get some of the de-risking that comes with a portfolio approach. Right, but at some point "de-risking" seems like it can easily become "

> it would be great to get some of the de-risking that comes with a portfolio approach. Right, but at some point "de-risking" seems like it can easily become "we're installing our own leadership team/ops staffers to make sure this company moves in the right direction." I think it'll wind up divorcing the company from the vision/passion of the founder — and that might be a fatal and overlooked risk in itself.