May 20, 2022
The Three-Body Problem: Finding the New Stable Points in Venture Capital
William Edwards Deming once famously said, “It is not necessary to change. Survival isn’t mandatory.”
These words are profound, humbling and important to internalize. Societies change. Economies change. Beliefs change. Industries change. Everything changes.
But there’s nothing that forces any individual participant in an ecosystem to change except the desire to survive and thrive.
The Three-Body Problem (downloadable below and to be presented at LendIt USA 2022 in New York City on May 26) is an attempt to put a framework around the changes that are occurring in the startup ecosystem, the LP community and how VC firms need to strategically reorient themselves if they want to survive.