Reducing friction in venture creation

Why we need to reflect on the fundraising process to optimize for innovation

Figure from the paper by Darek Klonowski, lined below, describing the returns on investment on VC investment into entrepreneurial firms over time…and why VC feel time pressure to liquidate early

Since so many entrepreneurs with ideas for how to solve challenges facing humanity seek out Venture Capital (VC) as a source of funding, reflecting on VC fundraising process and its inefficiencies is important if we would like to improve their odds of success. As Roelof…