“Being ‘right’ doesn’t lead to superior performance if the consensus forecast is also right.” — Bill Gurley
CNN | Uber and Lyft disappointed investors since they went public. But make no mistake: The market for initial public offerings is still red hot.
FORBES | Paul Martino, the CEO of Bullpen Capital and Kleiner Perkins’ Randy Komisar are sharing lessons and wisdom from their beloved advisor Bill Campbell, known as “coach” to numerous Silicon Valley giants including Steve Jobs at Apple and Larry Page at Google through their new podcast, No Bull: Life-Changing Conversations with Bill Campbell.
VENTUREBEAT | The post-seed gap is a top cause of startup death, and the crunch is more acute than ever. Between 2007 and 2015, the seed-to-Series-A graduation rate dropped from over 35 percent to 7.4 percent. Meanwhile, as fund sizes have ballooned, the average amount of capital raised in the seed and A rounds has more than doubled.