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2min chapter
Andreessen Horowitz Part II
Acquired
Venture Capitalists Don't Focus on a Stage. They Focus on Lots of Stages.
Venture capitalists classically pitch to l p s is our sweet spot investment. They don't focus on a stage, they just focus on lots of stages. There can be a bunch of different variations among the companies as they go along. Be winners, there'll be losers, but they'll all kind of start out like this. So that's what you're buying.
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