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Venture Capitalists Get Paid Well to Lose Money

Harvard Business Review

2013 had all the signs of being a comeback year for venture capital. Booming public equities and a recovered IPO market generated record portfolio company exits and distributions from VC funds. Last year I spoke at a conference to an audience of VCs. The industry realized its highest returns since the Internet boom.

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Become Your Own Best Gatekeeper

Harvard Business Review

I'm all for taking the time to meet interesting new people (that's why I make a point to go to conferences like Renaissance Weekend. And I recall well, at the start of my career, how flattered I felt to be asked for a meeting or some advice — thrilled to be looked at as enough of an expert to be of help.