• Pensions Top 1,000 are back in positive territory. Assets of the Top 1,000 grew by $484.6 billion in the 12-month period, to $6.56 trillion, according to Pensions & Investments' annual survey of the largest U.S. retirement plan sponsors. Hopefully they will spend some of their gains with a little more discipline to Venture this time around.
• Venture Capitalists will want you to believe the “magic” of innovation is a very complex problem with interplays and overlays, not in the least because it prolongs their cushy existence in the sector. I waste no time debunking that one with Paul Flamenbaum at Paul Capital Partners. Venture Capital is easy if you focus on how and where you deploy risk, rather than money.

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