Pushing towards the top involves recognizing that power law returns are not just a component, but the underlying reality that dictates all venture capital strategy.
In Hong Kong, where capital flows are rapid, ignoring this asymmetric dynamic means missing the central point of performance.
Decision quality only makes sense if it aims to capture these exceptional successes.
A manager who does not target the massive asymmetries of returns will never fully realize the performance potential of a venture capital portfolio.