…apturing more value over the long run — is something entrepreneurs obviously relate to. Here again… it’s one thing to say your firm is “entrepreneurs helping entrepreneurs,” the most overused, tired, and meaningless trope in the venture business. It’s quite another to be entrepreneurial in the way you run your own investing business today.
But no one likes to be patronized and no one wants to hear about your amazing multi-figure exit every single time you have something to say, especially if it was 10 or *gasp* even 20 years ago. The times are different now, the businesses that we build are fundamentally different thanks to the technology and the affordability of a startup, and your past experience may not actually apply to the context of what is being built today.