📶 the VC regatta

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Good morning 👋

We asked about the future of investing in the USA in yesterday’s piece, and the results were unanimous. Greatest country on the planet about to go through a golden era of innovation and growth.

Today we’re taking a thought from Sam Lessin @ Slow and comparing the new model of venture as a regatta race.

Here’s what Sam thinks + our takeaways.

P.S. 💰 We have one more week taking in responses before we start creating our annual VC comp survey.

If you work full-time in VC, please help answer so we can help each of you get paid a better market rate.

Today’s highlights

• More emphasis on positioning out the gate

• Sovereign wealth funds are engulfing AUM

• AngelList lands a big partnership for fund managers

• Outlier mental models used by the best investors in the world