Wrap your mind around these numbers. Go ahead and try.pic.twitter.com/VQnMpp0Zbs
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Concentration of capital is overrated. Concentration of execs who know how to scale is underrated.
I believe both of these things. (In addition to execs I would say that there are a huge number of specialists who are difficult to find as well and are extremely important during the “middle years.”)
There’s probably an entire issue of the WSJ that could be devoted to one line apiece for each angel investment made by that set which didn’t turn out to be Uber but they were all in Uber. Seems like further evidence for a strategy that is widely known and narrowly acted upon.
I'm obviously not getting it...? Please explain the strategy?
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