Too Obsessed with Growth, Part 2

Previously, we discussed how the distribution of investment returns and a VC’s approach to portfolio diversification creates a misalignment of incentives which prompts an over-emphasis on growth at-all-costs. That’s all true, but very theoretical. Shall we bring it back down to earth? There are behavioral, historical and psychological factors behind that growth fixation, too. We’ll […]


Too Obsessed with Growth??!! This is What We Mean, Part 1

After our first post, many thoughtful readers questioned our premise that the industry’s growth focus is excessive. They also asked why such an intense focus would even develop in the first place, let alone persist. Good questions. We’d like to answer in two installments. In this post, we define the structural reasons behind the VC […]