Late Stage Ventures
Michael discusses the importance of tailored metrics for different sectors, emphasizing the significance of normalized margins in late-stage investments. He highlights the confidence gained from investing in established companies with substantial revenues, noting a high success rate in their portfolio. Rather than chasing moonshots, the focus is on sustainable growth and minimizing downside risk while maximizing upside potential.In this clip
From this podcast
Masters in Business
Michael Carmen on Late-Stage Venture Capital and IPOs
Related Questions
How should a venture capitalist think about investing across different stages (seed vs. growth) and having different funds for it?
How should a venture capitalist think about investing across different stages (seed vs. growth) and having different funds for it in the episode Lessons from Investing in 1,400+ Startups and the clip Venture Patience?
How should a venture capitalist think about investing across different stages (seed vs. growth) and having different funds for it, based on the episode E12: Jamie Rhode on Why 95% of LPs Can Only Achieve a 10% IRR when the Mean Return is 50% IRR and the clip Venture Investing Insights?