I have worked in both industries, venture capital and hedge fund.
I found that sometimes they can be exactly the opposite in how to make money.
While in venture capital, the deals that are more successful are those that are consensus. Capital pile in, and those with capital runs faster, adding to the moat.
While in hedge fund, the stocks that work better are those that are considered un-investable. When other holders cut loss / exit, it creates better risk reward profile and the perfect buying opportunity.