Tale VC-begon, Where Every GP is First Quartile

Ah, welcome to the wonderful world of venture capital, where every GP is first quartile by some measure, even it’s based on their mailing address. I was reminded of that when reading this pithy quote from Jim Leech of Teachers’ Private Capital:

Q: I can die a happy man if I don’t see another…
A: Sometimes you wonder how big the universe is because every GP I’ve ever met is top-tier.

Related posts:

1. Quartile Spreads in Venture Capital
2. VC Performance by Quartile and Vintage Year
3. The Private Equity Bubble
4. A Tale of Two Tiananmens
5. A Tale of Three Federal Reserve Chairs