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Ep. 1134: Derek Lidow Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Difference Between a Well-Heeled Venture Capital Firm and an Entrepreneurial Startup in Their Garage
There is a difference between well-heeled, sandhill road venture capital firm and entrepreneurial startup in their garage. Mike Milken was raising assets through a different mechanism from pension funds back in the 1980s. It's not so much venture capital firm that started in the garage but Andreessen Horowitz or Peter Thiel who made some money.
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