446. Why Fewer is Better; Pursuing a Frictionless World, The Value in Reframing Everything (Phin Upham)
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
The Art of Inefficiency in Venture Capital
This chapter explores the critical need for venture capitalists to prioritize high-impact activities, such as identifying promising companies and cultivating relationships with founders. It challenges conventional views on term sheets, advocating for a more strategic approach to due diligence that emphasizes value creation over mere efficiency.
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