really curious about fintech x edtech | mba associate @ mucker capital | advisor @ momentvm | ex frog and moonshots capital | usc finance x business
this is my favorite blog post in describing the process of pattern matching that VCs use to evaluate fund-returning opportunities: in search of narrative violations. a narrative violation is a contrarian take against conventional wisdom. it is an intentional disregard of the wisdom of the crowds in favor of ideas that are just crazy enough that they might work. the best venture deals have been ones where it wasn't an oversubscribed round; it didn't fall into the secular trends of the market cycle; it was an unpopular opinion that inadvertently led to category creation; and contributed a significant portion of DPI to LPs. all of these narrative violations seem to have 3 things in common: outlier founding teams, a positive inflection in market timing, and an ability to anticipate widespread product adoption in the mid-to-long-term time horizons since company inception. pls pls pls have a read - you won't regret it :)
CEO/ Fashion Entrepreneur / B2B Streetwear
1moGreat read 👍