THE APPRENTICESHIP LITMUS TEST

Summary from the TLDR Founders newsletter

The VC industry often claims to value apprenticeship and mentorship, but in reality, its business model prioritizes individual performance and deal-making over teamwork and knowledge-sharing. This "eat what you kill" culture can lead to a lack of trust and collaboration among investors, making it difficult for firms to build a strong, lasting organization. However, some successful venture funds, like Sequoia, have intentionally built apprenticeship models to develop the next generation of investors and create a sustainable firm.