Anti-portfolio

BVP, a venture capital firm in the US keeps what it calls its anti-portfolio — a list of opportunities passed up which later became incredibly successful.

These companies … inspire us in our ongoing endeavors to build growing businesses. Or, to put it another way: if we had invested in any of these companies, we might not still be working.

My favourite is this:

Cowan's college friend rented her garage to Sergey and Larry for their first year. In 1999 and 2000 she tried to introduce Cowan to "these two really smart Stanford students writing a search engine". Students? A new search engine? In the most important moment ever for Bessemer's anti-portfolio, Cowan asked her, "How can I get out of this house without going anywhere near your garage?"

Quite a neat idea, and it probably applies to many more areas: jobs and relationships come to mind. Could the highlight of your anti-love-life be turning down a girl who later stars in several Tomb Raider movies?

Portrait of Matt Ryall

About Matt

I’m a technology nerd, husband and father of four, living in beautiful Sydney, Australia.

My passion is building technology products that make the world a better place. In 2021, I started Mawson Rovers to develop robotics and software for space exploration. Prior to this, I led product teams at Atlassian to create collaboration tools for 15 years.

I'm also a startup advisor and investor, with an interest in advancing the Australian space industry. You can read more about my work on my LinkedIn profile.

blog@mattryall.net