The churn in top tier performance is drastically increasing as the VC market matures & #Alpha is dispersed due to the inherent inefficiencies. Only the best funds plan for succession.
•Shared Decision Making
•Personal Risk Minimisation
In the essay by Isaiah Berlin “The Hedgehog & the Fox”, Berlin divides thinkers into 2 groups: hedgehogs, who see things through the lens of a single defining idea, & foxes, who use wide variety of experiences & reject single ideas.