"The venture capital asset class does not scale." -- @fredwilson ...this is the clearest I've heard a VC say it. Where's the bottleneck?
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Hyp 2: Cloning SV is purely matter of absolute size of s/w labor force. An SV exists at 10k+ engineers in a metro. Assume 15% liquid talent
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@vgr I wish it were that simple + would love to discuss; culture, early risk $, leadership, media support and mentors all reqd to activate - 3 more replies
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