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Sebastian Mallaby: Venture capital as an engine of courage — #8

Manifold

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Early Stage Funding

At the very early stage funding level, i do start to run into more start ups that just completely crowd funded their, you know, their seed ah. I think that's becoming common. Another innovation of this type, which kind of was very hot three or four years ago, is the initial coin offeri. The most important and sticky of these er innovations has been in the wy combinator model - bringing a very, very early stage company ideas into a sort of summer school type start up settings.

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