Business Quote by Dan Levitan
“There are lots of ways to make money in venture capital, and there are even more ways to be mediocre. The industry has too much money and too many smart people chasing too few great entrepreneurs.”
About This Quote
Source Interview: Podcast on Venture Capital Trends, 2023
The VC field is saturated with capital and talent, making true exceptional entrepreneurship rare and mediocrity common.
In simple terms: Too much money and talent dilute quality in venture capital.
Focus on finding truly great founders.
Themes
Mood
Type
When to use this quote
- startup scouting
- investment decisions
- portfolio management
- founder mentorship
Key Concepts
Questions to Reflect On
- How can investors differentiate between hype and genuine potential?
- What criteria truly predict long‑term success?
Even with many resources, identifying standout entrepreneurs remains difficult.