Overstaffed

Dwarkesh Patel discussed "overstaffed" in the context of venture capital during an episode with Marc Andreessen. Patel noted that big tech is often perceived as being overstaffed by a factor of two to four in the best case. He then inquired how overstaffed Andreessen believed the venture capital industry is. Andreessen responded, citing his friend Andy Rockleff's assertion that venture capital is always significantly overstaffed and overfunded, estimating it to be overstaffed and overfunded by at least 80% 1 .

For further insights, you can listen to the full episode Marc Andreessen - AI, Crypto, 1000 Elon Musks, Regrets, Vulnerabilities, & Managerial Revolution on the The Lunar Society.