Mega Investors
topic on 1 show · 1 statements across 1 episodes
1 statements about Mega Investors, every show
David Friedberg says mega-VCs push startups to risk failure for 100x returns.
“For their portfolio as a whole, they would rather tell everyone, go hard, go fast, spend as much money as you can, and they hope that one out of 10 companies becomes a hundred X from there. And it's okay if nine out of 10 die. So they don't care if you die. Th…”