I wonder which model is better: A: More diverse funding models at seed to sort startups into pursuing the right goals from start B: Driving all viable startups towards billion dollar paths, and treating collateral damage (esp burned founders) as acceptable collateral damage
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Honestly think it’ll only happen when baseline wealth + liquidity in community bank type institutions + family/friends is high enough to take on the risk, otherwise there’s no way to allocate capital effectively
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I do think this lifestyle vs VC biz has some personality split to it that is visible by age 30. Before that most young people are just cargo culting
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