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Ep159 – Niki Scevak (Co-founder & Partner – Blackbird VC) on raising ambition
The Startup Playbook Podcast
The Power Lore in Blackbird
One company will represent the majority of all returns of every single fund of a certain decade. In the last decade, that has been canver. And so it's so extreme and so tied to this outlie a success. I would say the reason why blackbird has 15 % of canvar and more than triple the next investor shareholder is because we have such a wonderful relationship with them. The fench capital industry still hasn't quite adjusted its behaviour, or adjusted, i some approach in i think people know about the power law. But they don't look outside of that and think just how important that our generational company is to all the returns of all the industry.
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