Venture capitalist Bradley Tusk explains why technological innovations take much longer to generate macroeconomic returns than standard venture timelines assume.
“Every startup that I invest in at C, like, I have no expectation of ever seeing liquidity for a decade, right? The seven year, I don't know where the seven year thing came from... A decade is the norm.”
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More from Bradley Tusk
Opinion
Tusk: Universal Basic Income is the necessary unlock for AI
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Opinion
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“I at least have a suspicion that all of this massive AI infrastructure investment. So it's 1.5 trillion in 20, 25 projected to be two trillion. In 20, 26 is really about the short-term share price and valuation of the big AI companies, the generative companies…”
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Opinion
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“Tesla should not be worth a fraction of what it's worth today, if not for The narrative and the belief by investors that Elon, and he is a genius, but like that Elon will just figure things out that no one can predict, including Elon right now, and therefore t…”
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Insight
Tusk: High-quality startups generally do not need an investor's cash
“Like, any really great startup to get into typically doesn't need your money in the first place, right? Anyone who desperately needs your money There might be a reason why. I mean, occasionally there's a diamond in the rough that no one believed in, but genera…”
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Insight
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“What it turns out that institutional investors want to hear, they think they want a different, they say they want, they think they want a differentiated strategy. They don't. What they want is This is exactly what you already know and are comfortable with this…”
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Opinion
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“Trump has undermined every single one of those things. So I would argue everything that makes the American economy great, that venture capital totally relies upon at the end of the day, is being undermined significantly.”
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