Key Takeaways
- • David Cowan, a longtime partner at Bessemer Venture Partners, explained in a PEI video interview why the firm chose to scale up its operations.
- • Cowan argued that growing the firm's size is in the best long-term interests of Bessemer's investors.
- • The interview was recorded at Thomson Reuters' Venture Alpha West 2013 conference in Half Moon Bay, California, and published October 9, 2013.
- • Cowan also discussed Bessemer's culture and its evolving investment strategy.
Summary
According to the publisher's summary, Cowan explained why Bessemer's partners believe scaling up is in the best long-term interests of the firm's investors. The discussion centered on the rationale behind the firm's decision to grow, reflecting a broader shift in how the venture investor approaches its strategy and capital deployment.
The source material is a brief video summary and does not provide specific fund sizes, assets under management figures, or detailed performance data. Readers seeking the specific mechanics of Bessemer's expansion should consult the full interview.
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