They have been thinking long & hard about a highly differentiated and value add FoF strategy to come up with the idea that investing in Index and Accel is a good idea. The famous “nobody was fired for buying IBM” hurdle. We face it too as focussed VC fund manager…
Ertan Can@rtancan
@NicolasPerard That's more difficult to say about all the new ones. But more interesting: most of the existing brands, mostly larger asset manager brands, we have really never seen in any funds in Europe. Not sure what they are showing their LPs when they tell them they are allocated in VC 🤷
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