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How VC Firms Really Work
ACQ2 by Acquired
The Primary Value Creation of a Venture Firm
Venture firm's primary value is deploying capital, picking the right companies and winning deals. But there are lots of other ways to create value in venture firms that aren't investment-based. David Walliams: "There can be really great reasons to have one of those rolls" but you're not incentivised to stay for decades.
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