Roelof Botha: Venture Capital Is Not an Asset Class

Reported about 9 hours ago

At TechCrunch Disrupt 2025, Sequoia's managing partner Roelof Botha argued that venture capital should not be considered an asset class, emphasizing that merely increasing investment in Silicon Valley does not guarantee the emergence of more successful companies. Botha remarked on the unique nature of venture, stating that it is an uncorrelated asset and warned that too much money can actually hinder the growth of exceptional companies in the industry.

Source: YAHOO

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