This is a news story, published by TechCrunch, that relates primarily to Green news.
For more Green news, you can click here:
more Green newsFor more autoracing news, you can click here:
more autoracing newsFor more news from TechCrunch, you can click here:
more news from TechCrunchOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best sport news, business news, entertainment news, and much more. If you like autoracing news, you might also like this article about
perfect Lead Edge company. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest venture capital deals news, Lead Edge Capital news, autoracing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
former Charles Schwab CEO David PottruckTechCrunch
•
73% Informative
Mitchell Green now manages money for more than 700 individuals who have committed $5 billion to his firm, Lead Edge Capital .
Green worked variously in investment banking, as an analyst with Bessemer Venture Partners , and for a hedge fund backed by Tiger Management before striking out on his own in 2011 .
Green says he's steering the bunch away from “overvalued” venture capital deals and into buyout-like “control deals” of companies.
There's too much money chasing too few companies that are overvalued.
I refuse to invest in companies at 100 times or 200 times or 500 times revenue.
I am sick of looking at companies growing crazy fast that have 50 percent plus gross dollar retention rates.
One of the biggest deals in our fifth fund is a buyout called Safesend that makes tax accounting software.
VR Score
68
Informative language
62
Neutral language
55
Article tone
informal
Language
English
Language complexity
29
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
5
Source diversity
5
Affiliate links
no affiliate links