Wing Venture Capital

“The stampeded process, I think, you know, I don't, I just don't think the best companies Are built that way.”

“The willingness to spend was really actually concentrated, and at least now in a relatively small number of businesses, and I think the mistake was, like, I really wanted it to be true, like, and maybe, you know, because I would just love for the internet to b…”

“We invested seven million dollars at 35 post, right? Like, oh, 35 post for a company with, like, no revenue and no customers and blah, blah, blah. That's what we did.”

“I think for an asset gatherer, you know, there's sort of two business models in venture, you know, you can be in the assets under management game, or you can be in the generate best possible returns game.”

“I think the thematic focus and sort of only working in domains that you understand really well is an advantage. You know, you have I think better, better proximity to judge when, you know, when the architectural transition is, is, is likely to occur. You have …”

“There's been so many new entrants that have pounded into venture that, you know, maybe aren't, you know, devoting that kind of company building craftsmanship to their projects, and they're really, you know, they're pursuing a spring and pray strategy or a capi…”

“Where we haven't been investing is the super capital intensive very, very high priced you know, sort of LLM development shops or other, you know, other sorts of similar projects.”

“There's a lot of demand for unadulterated early stage venture capital, you know, being practiced by experienced people with a track record. And a lot of the very best people with those track records, you know, are within aircraft carriers now, and the LPs are …”

“Fund sizes are different. Outcome sizes are different. You know, so there's no, no real reason the 20% rule should make any sense”