unicorn

“The death zone is working at a mid fund or a family office and not being able to do a lot of deals because then you're not building up the brand value of working at a great firm and you're just not doing enough volume of deals so that you can build up a track …”

“With six percent of YC startups already becoming unicorns, if Gupta can add the value that we think he can, there's no reason he can't add billions to YC's future returns.”

“People, friends of mine were like, oh, we're gonna see this mass extinction of these unicorns. They're all gonna die because, you know, they're gonna run out of money. No one's gonna fund them. The liquidation preferences are huge. They can't go public. They a…”