The Startup Groupthink
The information environment is pushing everyone toward the same conclusions at the same time.
The information environment is pushing everyone toward the same conclusions at the same time.
The same check into the same exit returns a third of what it did in 2012, so the answer matters.
I used to wonder why there is so much transition in venture. I think I understand it a little better now.
Behind closed doors, co-investors weigh where they sit on reserves before they weigh your metrics.
Even at OpenAI’s scale, you still can’t do everything at once.
In venture and product, we’re obsessed with removing friction. But when it comes to developing young adults, friction is the feature.