Direct venture investment rewards a rigorous, patient approach. The companies that generate exceptional returns tend to combine all three factors above: genuine growth momentum, clear category ownership, and strong institutional support.
In private markets, manager selection matters significantly more than asset class allocation. The spread between a top-quartile private equity fund and a bottom-quartile one can exceed 20 percentage points annually. In venture capital, the gap is even wider. This is why manager selection is crucial for advisors.
