Investor Stories 422: Best LP Question (Stevens, Patel, Shapiro)
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
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Defining Success: A Critical Question for Investment Alignment
This chapter explores a critical question raised by a limited partner about the essence of success in venture capital. It emphasizes the need for alignment between the LP's risk tolerance and the venture's objectives, particularly in the context of early-stage investments.
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