AI-driven exit activity has created a historically strong backdrop for venture capital, but returns remain highly concentrated — in a small number of outlier investments and top-performing managers. This Brief examines why scale, timing, and manager selection are what actually drive venture outperformance.
https://icapital.com/ad/icapital-alts-decoded-brief-why-do-scale-and-outliers-matter-in-venture-capital-oct-2026/ 
