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by maeil 521 days ago
Correct, but the tail of VC being fat is unique to the US. Pretty much the rest of the world is like the UK in all but a miniscule percentage preferring stability rather than moonshots.
2 comments

My point is that the VCs located in a few specific zip codes prefer moonshots. The vast majority of VCs in the remainder of the USA prefer stability.

You don't hear about the small capital firms investing in boring slow growing companies, because they are boring and slow growing.

WOrth ponting out the UK is 3rd worldwide in VC tech investment. The US is the outlier, but if you think the UK is bad you haven't seen shit.
Yeah but if it's not a moonshot SaaS factory they don't want to hear the reality.

For example, Ireland's state VC - Enterprise Ireland - ranked first in the world of venture capital investors by deal count in 2020 by Pitchbook. The average size of the deal compared to a Series A was laughable in context, but the ethos is there.