Ten VC Predictions for 2010: Outrunning The Bear
He who loses less, wins? Venture capital in the 2000s was much akin to the joke about the two campers who cross paths with a bear. As the angry bear begins charging out of the woods towards the campers, the first camper starts putting his sneakers on. The other camper screams, "It's no use, we'll never be able to outrun the bear!" And the first camper yells back, "I don't need to outrun the bear, I just need to outrun you!" Over the past decade, venture capitalists could claim top-quartile performance just by showing smaller losses than the rest of the pack. The start of 2010 provides a clean slate—that is, after we break out the scorecard and grade last year’s predictions.
4 January 2010•4 mins read
