Put aside the fraud. Like it just seems like like total slop in terms of the execution of that business and gives me absolutely no faith in a Therronos 2.0.
The way I think about it is that private markets are just a giant PDF. There's no ticker, there's no price discovery, there's no market. And so the question is: who has the best PDF? Who has the most information? Who has done the most work?
Unlike most firms chasing power law outcomes, Lead Edge is designed to deliver consistent returns by talking to thousands of companies a year, applying a rigorous eight-point criteria to filter down to a handful of investments, and leveraging a uniquely constructed LP base of world-class executives and entrepreneurs.
7mo ago
Underscored — save the words that stop you in your tracks.
