In the world of VC, the savvy never count their chickens till they are hatched. Or calculate returns till you have moolah in the coolah. But others are more than glad to do it for them. They count your unhatched eggs and rank chicken farmers based on their “unhatched” chicken count. But wait, you ask — how can you do that? Those chickens have not hatched yet. And therein lies the conundrum of measuring VC returns. So why do we even measure what’s un-necessary, even inane?

Should you invest in the first-movers - the ones who open the doors to new pathways ? Or fast followers?  

 Software is eating the world, as A16Z’s tagline goes. And so, will it eat venture capital ? Here are a few ways VC's can be disrupted