Does Xi Jinping understand seed investing and capital allocation?
avoidboringpeople.substack.com
Takeaways 1) AngelList claims the optimal seed stage investing strategy is to index into every credible deal 2) Capital allocation is fundamental to company value but CEOs suck at it 3) What do Michael Phelps and JK Rowling have in common?
Does Xi Jinping understand seed investing and capital allocation?
Does Xi Jinping understand seed investing and…
Does Xi Jinping understand seed investing and capital allocation?
Takeaways 1) AngelList claims the optimal seed stage investing strategy is to index into every credible deal 2) Capital allocation is fundamental to company value but CEOs suck at it 3) What do Michael Phelps and JK Rowling have in common?