Why subscribe to my crappy VC blog?

Don’t. I mean really, you shouldn’t… it’s a huge waste of time.

But every once in a while I say something about VC you may find entertaining.

Anyway, over the past 2 decades I’ve invested in ~2,000 companies and ~50 VC funds. Maybe ~30% of them do well, and about 3% of the startups turn into IPOs. But most of the time both companies and funds don’t perform… and that’s typical in VC.

If you want to be a great VC, let me explain what NOT to do.

You’ll probably learn more from my mistakes than my advice… but fortunately, I have way more of the former than the latter. You know EXPERIENCE is what you get when you don’t get what you want — and I have a LOT of experience.

Anyway, you should really spend time doing other useful shit like brushing your teeth.

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This substack is written by Dave McClure. I talk about startups, venture capital, economics, and other nerdy tech topics. I'm the founder of Practical Venture Capital and 500 Startups. Previously I worked at Founders Fund and PayPal. I'm a nerd.

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founder: Practical VC, 500 Startups. alumni: PayPal, Founders Fund, JHU. my jams: engineer, entrepreneur, investor, writer, dancer, nose-picker. also: old, bald, ugly #n3rd.