David Clark: Lessons from 32 Years of Fund Investing - Why Exits Will Be Larger | E1131

On 20VC with Harry StebbingsHosted by Harry StebbingsWith David Clark20241h 20m
Video thumbnail for David Clark: Lessons from 32 Years of Fund Investing - Why Exits Will Be Larger | E1131

What this teaches

VenCap's David Clark shares 32 years of fund-of-funds data: how few companies drive all venture returns, and what that power law means for how VCs must behave with founders.

Why it matters

The LP math that explains every VC behavior founders find confusing.

Key lessons

  • VCs need fund-returners; 'good outcome' businesses get passed
  • Understand the power law before taking venture money

This video was created by 20VC with Harry Stebbings and features David Clark. We summarize and link with attribution; all rights belong to the creator.

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