Does Size Matter (In VC)?

Do the initial valuations and check sizes that venture capitalists choose to bet on significantly determine the final outcome of their investments?

TL;DR

This article engages with the recent discourse around the role of valuations in venture capital, inspired by Hunter Walk's insights. It unpacks the power law dynamics in VC, emphasizing that a few successful bets often make up for numerous failed ones. It argues that while seed stage ownership is important, it might not be crucial in a future 'cent…