VCs want “good” deals at “good” valuations. Val... - on Twitter

VCs want “good” deals at “good” valuations. Valuations 🚀 when there’s a bidding war for a 🔥 company. Some funds struggle to compete against larger funds. If goal of $100m fund is 20% ownership, hard to compete w/ $500m fund. Venture Studios are one way to compete. a 🧵 1/x