2min chapter

This Week in Startups cover image

ANGEL: Venrock’s Bryan Roberts on 25 years in VC, hitting wins early, avoiding bad habits | E1665

This Week in Startups

CHAPTER

The Average Venture Deal Is Good, Not Mediocrite

The thing that's worse than investing in something that's not good is then having to be with it for 10 years. Like you got to keep your standards high and value your time more than anything. The whole point about venture from a portfolio perspective, is how do you get as far away from the median as possible? Yeah. Now, I think you now today have deal staying private longer. It's like we have four healthcare IT deals that are north of 400 million revenue each private. But those would have been in their fifth year of being public. Back then. You got it. And so you end up hiring a bunch of new people who they come in. They start putting money to

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