The explosive growth of family offices in recent years has brought about a concerning trend of “group think” when it comes to investing, warns Tim Draper, a prominent figure in early-stage venture capital. As more family offices follow the investment strategies of leading players, certain asset classes become saturated, leading to diminished returns. Additionally, Draper believes that family offices are too focused on capital preservation rather than growth, which he sees as a mistake. In this article, we will explore the dangers of “group think” for family offices, the risks associated with flooded markets, and the importance of prioritizing growth over preservation.
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