Focus isn’t a risk, it’s a strategy - Draper Cygnus

The article explores how top-performing VC funds succeed not by making more bets, but by making fewer, better ones. It highlights the rise of smaller, more focused funds, particularly in Latin America, and their ability to act with conviction, maintain close relationships with founders, and outperform through discipline and long-term vision. Backed by data from Carta, the piece emphasizes that being small does not mean thinking small; it means staying sharp, original, and ahead of market noise.