Anti-Portfolio | Snippet Finance

Mistakes are only useful if you remember and learn from them.
This is a great example of learning from one’s mistakes.
Bessemer have put together their anti-portfolio.
It is a list of all the missed opportunities they had as VC Investors.
A gem – “David Cownan’s college friend rented her garage to Sergey and Larry for their first year. In 1999 and 2000 she tried to introduce Cowan to “these two really smart Stanford students writing a search engine.” Students? A new search engine? In the most important moment ever for Bessemer’s anti-portfolio, Cowan asked her, “How can I get out of this house without going anywhere near your garage?”