In The Myth of the A Player I poked at the conventional wisdom of what makes an “A player.” Most early stage VC filters are tuned to be consensus-right not contrarian-right. That can generate good returns but not necessarily great ones. Contrarian bets are what drive big fund returns, as Ed Suh explains:
Why it's hard for VCs to be contrarian
Why it's hard for VCs to be contrarian
Why it's hard for VCs to be contrarian
In The Myth of the A Player I poked at the conventional wisdom of what makes an “A player.” Most early stage VC filters are tuned to be consensus-right not contrarian-right. That can generate good returns but not necessarily great ones. Contrarian bets are what drive big fund returns, as Ed Suh explains: