The Kingmaker Fallacy
Chamath and Jason discuss the flawed strategy of being a kingmaker in the VC world, as SoftBank's massive checks into early-stage companies prove to be risky and misguided. They highlight the importance of founders' theses and milestone-based investing.In this clip
From this podcast
All-In Podcast
E91: SoftBank's $21B+ Vision Fund loss, signals of a bubble, macro picture, Trump raided by FBI
Related Questions
How do giant investors invest in startups?
Does market size matter in investing as discussed in the episode 20VC: 27 Years of Investing Lessons on Picking Founders, Price Discipline, Reserves and Selling Positions | Can Seed Investors Compete with Multi-Stage Venture Firms | Why Returns Will Not Worsen Moving Forward with Peter Wagner, Founder @ Wing and the clip Market Timing, Sizing?