The Enemy is Us | The Ewing Marion Kauffman Foundation on Venture Capital Investing

The Usual Suspect

In “WE HAVE MET THE ENEMY… AND HE IS US” , Lessons from Twenty Years of the Kauffman Foundation’s Investments in Venture Capital Funds and The Triumph of Hope over experience no detail is spared in a direct, unflinching look at how a $2BN, entrepreneurial foundation under performed the S&P 500 through group think and the willingness to be lead.

A long read, and somewhat technical, but truly worth the time. It makes a lot of what we’re seeing make sense.

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