I Have Never Heard Anyone Call The Difference Between Private Equity And Venture Capital As Daringly And As Clearly As You Have!

From a conversation with a Professor of Finance at UNC, who appeared impressed with my write-up on the subject following a phone conversation about how finance relates to The State of Humanity.

Simply put: venture capital is investing in foresight, private equity is investing in hindsight. You can quote me on that.

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