> You can get top-tier VC returns by building a portfolio of Mittelstand busines...

		spitfire on May 10, 2022 \| parent \| context \| favorite \| on: We need a middle class for startups > You can get top-tier VC returns by building a portfolio of Mittelstand businesses ($10M-$1B in revenue). Constellation software does exactly that. They've quietly been the Warren Buffet of SaaS business for like 20+ years now.