I just listened to a great episode of Stanford Technology Ventures Program’s Entrepreneurship podcast. This one has Kleiner Perkins Caufield & Byers partner Dana Mead explaining what venture capitalists do as an industry, as individuals in their day to day life, and how he decides where to invest.
Mead’s talk is very informative. Here are some of my biggest takeaways. He said VC were originally a small, boutique industry but are now an asset class. The change from 1980 to 2006 has been more than a ten-fold increase. Mead said this was driven by university… more