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Peter, couldn't agree more. The glitz of VC is a mirage. As one of my wisest institutional VCs told me, "people. make. people. money." There is indeed an art--and passion--to relationships that can scale. Thank you so much for a valuable post. Your vulnerability, your focus on meaningful returns, and your intelligence stand out.

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An eminently suitable solution to a perennial challenge facing public fiduciaries investing in VC. TMRS' investment staff is going the extra mile to find those "acting upon the world, creating opportunities" - not an easy task, but one where you're clearly building experience and showing results.

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