Sam Lessin discusses the returns Slow Ventures achieved from being one of the earliest seed investors in Solana.
Prediction Not checkable as stated
Lessin: AI is not disruptive and incumbents should broadly win
“You know, I'd actually argue that AI is kind of like mobile. It's not disruptive. It's great tech to be clear. It's important, but just as the internet, I would say that just as like mobile was just More internet and pervasive internet. AI is just like more te…”
Insight
Lessin: VC factory line broke because public markets prefer mega-caps
“You know, I'd actually argue in the last bunch of years, the factory shut down. Right. Because what happened was in the public markets, everyone came to realize that you'd rather just put more money into meta than back the five billion dollar baby Public compa…”
Insight
Lessin: Venture capital has shifted toward bespoke private trading markets
“So what I think has happened now is that basically it isn't that there is innovation. It isn't that there's stuff going on, but because the factory line shut down, the whole thing has become way more bespoke, right? Where, and what I mean by that is there is a…”
Insight
Lessin: Free speech on campus is only a right to drive academic excellence
“Free speech is not a right on college campus in and of itself. It's a right to the extent that it drives academic excellence from in the academic concept.”
Opinion
Lessin: Harvard's Jewish decline reflects broader drop in white enrollment
“One answer, which is true, it's actually not the Jewish population, it's the white population. Right? So is it really anti-Semitism or is it actually the Jews are just a scalar on effectively the white population has come down?”
Insight
Lessin: Clear metrics free teams to innovate whereas subjective judgment constrains them
“When you're running a big org, if you can articulate to a person or a team, make this number go up, right? I don't care how you do it, just make this number go up, right? And if this is going to be doing a good job, that actually allows for an incredible amoun…”