VC Uncovered · Mercedes Bent, Premise
VC Became an Index Play
“We had become an index play and I'm basically anti doing I'm doing the anti of that.”
Transcript
like 15 20 years later we have this point where we're at the part where everyone in the US recognizes okay Vc is a big thing and what's that led to is like tons and tons of tourists coming into the venture capital world but also people not I feel like the discipline of what venture
used to be which which used to be a very hand-to-hand combat like unearthing rare gems lots of like on the ground sourcing field turned into almost like an asset management game that crossover
private equity hedge funds they were all like oh this is the hot asset class like I can do that too and like