In the second part of Fergal Mullen's interview, the co-founder and Partner of Highland Europe provides a pragmatic take on venture capital practices, addressing key industry dogmas.

Mullen questions the bias against first-time entrepreneurs and talks about the importance of getting feedback from founders. He delves into the significance of geographical proximity, critiques the "Unicorn or Bust" mentality, and offers a practical approach to board meetings.

In closing, he emphasizes the importance of aligning fund size with strategy, considering diverse market sizes, and recognizing the potential in hardware investments.

*****

Through our research, thought leadership, and annual program, IMD’s Venture Asset Management Initiative aims to demystify venture asset management in Switzerland and across Europe.

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This podcast was editorialized by Raphael Grieco, VC Researcher at IMD