Research shows most venture funds under perform relevant public market indicies, yet the diversification strategies practiced in the public markets can enhance the risk-adjusted returns for investors in early stage companies. Long-overlooked laws are available to lower the after-tax risk, and make profits potentially tax-free for angel investors. We will highlight the research, the available tax laws, portfolio construction strategies, and highlight new instruments available to investors.

[Programming descriptions are generated by participants and do not necessarily reflect the opinions of SXSW.]