Raphael Grieco

Dec 2, 2024 | imd.org | Raphael Grieco |Raphaël Grieco

Research suggests that 42% of startups fail due to a lack of market need. To establish this, entrepreneurs must conduct robust market research and customer development. Venture capitalists prioritize startups with evidence of strong product-market fit over those with merely novel ideas. The first-mover advantage is also overrated, especially if the first-mover cannot establish effective barriers to entry.

Nov 29, 2024 | imd.org | Raphael Grieco |Raphaël Grieco

Traditional pension funds have much to learn from the runaway success of university endowment funds in the US, where Yale and others are reaping the benefits of investing heavily in hedge funds, venture capital, and real estate. With inflation eating into yields and growing pressure to meet long-term obligations, the need to integrate VC into portfolios has never been more pressing. The results of the endowment model can be spectacular.