Hitting Home Runs in Venture by Playing Early in the Game
December 6, 2019 | Scott Murphy
Slack, Pinterest, Zoom, Lyft, Uber. Big names in the investing world. So which ones would you have chosen to back at the venture stage—and which at IPO?
We provide insights into the smart bets in our latest white paper, “Playing Hard in the Early Innings.” Alexandra “Sasha” Jostrom-Reiser, a Senior Associate with AVG’s Office of Investing, makes the case for venture. She explains how companies are staying private longer, leaving public market investors waiting in the cold. She also gives specific examples how the venture investor can realize greater gains vs. the IPO participant.
As she states, “Simply put, tremendous value is being created in private markets that you lose out on if you wait to play the public market.”
Oh, and FYI, all five of the companies listed above were winners for venture investors. To date, only two of the five have been positive for IPO investors.
Sasha is a member of the Office of Investing, focusing on sourcing, analysis, and research. Previously, she was a Management Consultant at Stax, Inc., a boutique consulting firm that specializes in private investment diligence and growth strategy engagements. Prior to Stax, Sasha worked at a private equitybacked start-up in the seafood industry, and prior to that, within the Strategic Planning and Marketing group at Brown Brothers Harriman. She volunteers her time as Judge and Mentor for MassChallenge and also as an Alumni Ambassador for Cornell’s Johnson School. Sasha has an MA (Honours) from the University of St. Andrews and an MBA from Cornell University’s Johnson College of Business.