 "Anti-portfolios and portfolios")
When Google’s Sergey Brin and Larry Page began working out of a garage 20 years ago, Bessemer Venture Partners had a chance to connect with “two really smart Stanford students writing a search engine.” David Cowan, a partner at the company, ducked out of an introduction to the duo. “How can I get out of the house without going anywhere near your garage?,” he asked his friend who had rented them the garage.
The venture firm describes that as the most important moment ever for its “anti-portfolio” — a list of highly successful companies that it missed investing in for
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