and still managed to take 25 companies public in the last decade, including Uber, Dropbox, GrubHub, and Yelp, PitchBook said. It now has 33 startups in its portfolio, compared to Kleiner Perkin's 90 and Sequoia Capital's 74.Some investors say the chief executive ousters at WeWork and Uber, which was also backed by Benchmark, are more coincidence than correlation.
Founder Fund's Asparouhov said any venture capital firm that has a history of firing founders could lose out on the most sought-after deals. A small number of founders who have prior experience working at a white-hot startup are more likely to create "extraordinary returns," he said, and are also more likely to know about the firm's track record.
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Source: latimes - 🏆 11. / 82 Read more »