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Stephens: The Worst VC Deals Are Highly Competitive and Consensus-Driven

Trae Stephens · Trae Stephens: Why No Company is Successful Because of their VC | E1135 · 20VC with Harry Stebbings · Apr 3, 2024 · at 0:12

Trae Stephens, Partner at Founders Fund, critiques the venture capital industry's tendency to chase popular, high-consensus startup deals.

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“The worst deals are the most competitive deals. They're the ones that are super consensus.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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