Post by Garry Tan on X
Garry Tan@garrytan
XVC performs about the same as S&P500 in aggregate. But the top 10% massively outperform, of course. Power law.
What is the main decision point that causes this low mean? LPs funding bad managers. Like... really bad VCs who are coin operated and can’t tell good from bad. 😭
191 likes11 repliesPosted Sep 4, 2019