"[Our] job is to think long-term. Not to think as traders, but to think as investors." - Alan Feld
Takeaways
- Alan emphasizes the importance of long-term thinking in investing.
- Building relationships is crucial in the venture capital industry.
- The average returns in venture capital are not great; focus on top-tier funds.
- AI is set to disrupt many industries, including venture capital.
- Entrepreneurs are the key drivers of returns, not the VCs themselves.
Alan Feld is the founder and managing partner of Vintage Investment Partners. Prior to founding Vintage, Alan Feld was a General Partner at Israel Seed Partners and at Vertex Ventures. Prior to Vertex, Alan was the Managing Director of Evergreen Capital Markets/Robertson Stephens Israel. Alan received an MBA from York University in Toronto, an L.L.B. from Osgoode Hall Law School in Toronto and a B.A. in Commerce and Finance from the University of Toronto.
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