3min chapter

Michael Covel's Trend Following cover image

Ep. 1134: Derek Lidow Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Evolution of Venture Capital

The rise of Facebook, Twitter and Google has led to a change in the way startups are valued. Jeff Bezos' comments about wanting to get big fast have changed how venture capital is evaluated. Massa Sun's vision fund has had major setbacks due to its focus on "get big fast" The new nature of entrepreneurial investment creates these aggressive behemas that will do anything to get bigger as fast as they can.

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