VC Model Changes
The discussion highlights the challenges faced by large venture capital funds in achieving significant returns, especially as the number of billion-dollar companies dwindles. With the expectation of multiple unicorns diminishing, the conversation emphasizes the need for optimized fund sizes and investment strategies to navigate this evolving landscape. The rarity of substantial outcomes, like those seen with companies such as Uber and Airbnb, is underscored as a critical factor for investors.In this clip
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