John Backus

Since my last post debunking the five alleged myths of entrepreneurs triggered more than a few comments and thoughtful reactions, I wanted to respond collectively to them. First let’s start out with venture capital performance as an asset class. Over the last ten years, it has been terrible. On an absolute basis the returns are […]

Wow. It isn’t often that I drop everything after I read an article and feel compelled to respond. But I was dumbstruck when I read this piece in the Washington Post. It was titled: Five myths about entrepreneurs. In around 1000 words, the author went on to trash the National Venture Capital Association, Peter Thiel, […]