Growth vs. Performance
Erik argues that while industry consolidation is often seen as beneficial, it may actually hinder performance. He emphasizes the advantages of smaller firms, including a focused investment approach, operational agility, and a driven emotional culture. As firms grow, they risk losing their innovative edge and becoming more status-driven, which can negatively impact their performance.In this clip
From this podcast
Capital Allocators – Inside the Institutional Investment Industry
Erik Serrano Berntsen – Backing Alternative Founders at Stable Asset Management (Capital Allocators, EP.218)
Related Questions
Should startups start small?
Should startups start small according to the episode Office Hours: Investing in the Private Markets, Going Vertical, Pursuing a PhD, and Building a Network, and the clip Private Market Insights?
Should startups start small according to the episode Office Hours: Investing in the Private Markets, Going Vertical, Pursuing a PhD, and Building a Network and the clip Private Market Insights?