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Investing in a Venture Capital Firm - Is It a Good Idea?
Kim was not a venture capitalist before you rate. She was a journalist, if i remember correct. So eplayin that strategy is that because you were a new firm and you couldn't recruit like somebody who had worked at another venture firm, or you just preferred to a, you don't lik t. In other words, you weren't like a big market team with a big sat, thebig you weren't the yankee. Andso we have a pretty good hit rate of billion dollar companies so far. If you assume that we continue to be good at investing, then as long as you're working with each company every year, every year, we should have at least one...